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CITY COUNCIL WORK SESSION APRIL 4, 2001 <br />CITY OF LINO LAKES <br />MINUTES <br />DATE : April 4, 2001 <br />TIME STARTED : 5:35 p.m. <br />TIME ENDED : 8:30 p.m. <br />MEMBERS PRESENT : Council Member Carlson, Dahl, O'Donnell, <br />Reinert (5:40) and Mayor Bergeson <br />: None <br />MEMBERS ABSENT <br />Staff members present: City Engineer, John Powell; Economic Development Director, <br />Brian Wessel (part); Finance Director, Al Rolek(part); CityP1Smyser; <br />Economic Development Assistant, Mary Alice Divine (part) ; c Sed ice Director, <br />Rick DeGardner; Chief of Police, Dave Pecchia; and Ser_ t , u .sch (part) <br />RESOLUTION REGARDING DEPRECIATION lR Y R AND WATER, AL <br />ROLEK <br />Finance Director Rolek advised when the C. <br />01 — 19, setting sewer and water rates, it req <br />would designate amounts collected fo <br />that specific purpose. In response t <br />53, which states the rationale fo <br />annual depreciation for future <br />amount would accumulate <br />April, the designation for <br />also states that this de <br />infrastructure or equip <br />it adopted resolutions 01 — 05 and <br />t staff prepare a resolution which <br />ement costs (annual depreciation) for <br />, staff has prepared draft Resolution 01 — <br />ese amounts in the rates and designates the <br />of system infrastructure and equipment. This <br />year. Since the rates do not take effect until <br />ill be prorated from April 1 of this year. The resolution <br />ount will be reduced only by scheduled or needed <br />acement. <br />Council Member Carlso clarified that the amount going into the fund every year is equal <br />to the amount that the rates were increased. <br />This item will appear on the regular Council agenda Monday, April 9, 2001, 6:30 p.m. <br />TOWN CENTER UPDATE, BRIAN WESSEL <br />Economic Development Director Wessel advised the Target Development Team does <br />have a deal. He referred to a new drawing and landscaping plan for the project noting the <br />site for the Super Target and Kohl's Department Store. The intent is to submit the <br />Planning and Zoning Board packet next week for review in May 2001. The construction <br />schedule includes breaking ground for both Target and Kohl's in September 2001. <br />Scheduled completion for Target is July 2002 and somewhat later for Kohl's. The <br />1 <br />