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1 <br />M,f-ET I.Vs <br />June 9, 1986 <br />Page Eight <br />eting to discuss State Aid Road Program <br />A half -hour meeting was scheduled to discuss the issue of <br />re- examining the State Aid Road Program. The meeting will <br />take place at 6:30 P.M., July 14, 1986. <br />Update of LaMotte Drive Drainage Problems <br />Mr. Volk reported that he met with Joanne Weis in regard to <br />a drainage problem on LaMotte Drive. Mr. Volk's opinion was <br />that the problem has been caused by a development in <br />Centerville and although the drainage pattern in the area <br />does flow, it is not effective in a heavy rain. Mr. Volk <br />will update the Council after checking with Rice Creek <br />Watershed to see why the Centerville plat was not required <br />to have a better draining plan. <br />Boop Conditional Use Permit Request Update <br />Mr. Kluegel reported that. Mr. Boop was intending to withdraw <br />his request for a conditional use permit, however has since <br />requested the issue be tabled indefinitely. Mr. Hawkins <br />noted that if the applicant requested that consideration of <br />his request be tabled, no further action need be taken at <br />this time. <br />Fire Hall Update <br />Mr. Schumacher explained that the negotiations between the <br />City and Village Plumbing for purchase of their building on <br />Lake Drive for use as a fire station is at the point where a <br />decision must be made as to what interest rate and terms the <br />Council wishes to offer the seller. Mr. Schumacher <br />explained that there is a possibility that the financing <br />would be tax free and that the City Auditor, Mr. Tautges, is <br />getting an opinion on this matter from the IRS. Mr. <br />Schumacher stated what terms he would suggest and Mr. <br />Hawkins concurred. <br />MOTION: Mr. Bohjanen moved to offer tai l I _:s;e Plumbing, SI.. <br />interest if the financing is tax free and 9% if taxable. <br />There was no second to the motion, therefore the motion <br />died. <br />Discussion followed which cleared up some confusion <br />regarding the terms, resulting in the following motion. <br />MOTION: Mr. nisei moved that the City Administrator proceed <br />to draft an offer to Village Plumbing calling for P°« <br />interest if tax free or coo interest if taxable: $25,000 down <br />payment; for a five year term. The proposal is also to <br />allow for early pre- payment without penalty. Mr. Bohjanen <br />seconded the motion. Motion carried unanimously. <br />115 <br />