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1 <br />1 <br />1 <br />COUNCIL MEETING <br />APRIL 24, 1989 <br />the bid for Menkveld's Sunrise Meadows to Kenko, Inc. in the <br />amount of $671,341.34 subject to the approval of the <br />Metropolitan Waste Control Commission. Mr. Bohjanen seconded <br />the motion. Motion carried unanimously. <br />y <br />ENGINEER'S REPORT - RESOLUTION NO. 28 - 89 - CONSIDERATION OF <br />AWARDING A BID FOR THE WEST CENTRAL TRUNK UTILITY SYSTEM <br />A motion was made by Mr. Reinert to approve Resolution No. 28 <br />- 89 awarding the bid for the West Central Trunk Utility <br />System to Kenko, Inc. for $1,574,873.19 subject to the <br />approval of The Metropolitan Waste Commission. Mr. Bisel <br />seconded the motion. Voting upon the motion, the motion was <br />approved unanimously. Mr. Stahlberg added that TKDA's <br />estimates were high on this project. <br />7:30 P.M. - PUBLIC HEARING, CHARTER AMENDMENT - DAVID KENNEDY <br />SECOND READING, ORDINANCE 03 -89 <br />Mayor Benson called the public hearing to order at 7:45 P.M. <br />Mayor Benson began by outlining the procedure which would be <br />followed during this public hearing. The Chair would be <br />giving a brief presentation, followed by Mr Kennedy, the <br />city's bond consultant, outlining problems that have been <br />developing with the current charter procedures for <br />improvement projects. Finally, detailing what the proposed <br />changes mean to residents. <br />Mayor Benson began by explaining to the audience that Lino <br />Lakes is a rapidly developing community. The City has been <br />approached with nearly 50 million dollars worth of <br />development offers over the past year that have been denied <br />due to our desire for quality projects. This Council has <br />been instrumental in upgrading the City residentially, and <br />searching out commercial and industrial developments. When <br />the City was approached by our bond consultant with problems <br />concerning the Charter the City Council forwarded his <br />concerns on to the Charter Commission. The Charter <br />Commission recommended changes and forwarded those <br />recommendations back to the Council. The Council sent those <br />recommendations back to the Charter Commission for additional <br />consideration. That brings us to tonight. Mayor Benson <br />instructed the audience that he will maintain order <br />throughout this public hearing. <br />Mr. David Kennedy of Springstead began his presentation by <br />explaining what role his firms plays in selling bonds to <br />finance municipal projects, especially when costs are <br />assessed back to residents. He continued, that he has had <br />difficulty recommending sale of the last 3 or 4 projects that <br />the City has proposed due to Charter stipulations. In order <br />to sell bonds for improvements, those bond issues need <br />X85 <br />