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COUNCIL MINUTES September 22, 2014 <br />APPROVED <br />46 <br />47 ITEM ACTION <br />48 <br />49 Consideration of Expenditures: <br />50 <br />51 September 22, 2014 (Check No. 98785 — <br />52 98879, $362,380.58) Approved <br />53 <br />54 Centennial Fire District (Check No. 6559 6573, <br />55 $14,700.10) Approved <br />56 <br />57 September 2, 2014 Council Work Session Minutes Approved <br />58 <br />59 September 8, 2014 Council Meeting Minutes Approved <br />60 <br />61 September 8, 2014, Special Session Minutes Approved <br />62 <br />63 <br />64 FINANCE DEPARTMENT REPORT <br />65 <br />66 2A) Resolution No. 14 -107, Providing for Issuance and Sale of Approximately $2,645,000 <br />67 General Obligation Improvement and Utility Revenue Bonds, Series 2014A — Finance Director <br />68 Rolek reviewed the request to issue bonds for four projects. He noted that the city's fmancial <br />69 consultant has reviewed the issuance and recommends moving forward. He reviewed the proposed <br />70 schedule for the issuance, the term of the bonds and debt services resources. <br />71 <br />72 Ms. Terri Heaton, Springsted, Inc., highlighted the schedule, the bond rate estimate (very favorable) <br />73 and city's credit rating that sets the tone for a low rate. The council discussed the benefits of <br />74 bundling four projects together for the issuance — cost savings and possibly lower rates. <br />75 <br />76 Council Member Roeser moved to approve Resolution No. 14 -107 as presented. Council Member <br />77 Kusterman seconded the motion. Motion carried on a unanimous voice vote. <br />78 <br />79 ADMINISTRATION DEPARTMENT REPORT <br />80 <br />81 3A) 2nd Reading and Passage of Ordinance No. 08 -14, Amending Chapter 701 of the Lino <br />82 Lakes Code of Ordinances, to allow Sunday sales at licensed brewer taprooms — City Clerk <br />83 Bartell noted that the state legislature has authorized Sunday sales for brewer taprooms in the state, <br />84 with approval of the local jurisdiction. The city has one taproom — Hammerheart Brewery. <br />85 The owners have approached staff requesting the ability to have their taproom open on Sundays. An <br />86 ordinance amending the liquor code is required to make such a change. Ordinance No. 08 -14, was <br />87 approved for first reading on September 8. It is now presented to the council for 2nd Reading and <br />88 approval. <br />89 <br />2 <br />