12/15/2004 Council Minutes - Laserfiche WebLink

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CITY COUNCIL WORK SESSION DECEMBER 15, 2004 APPROVED 1 • 2 Finance Director Rolek distributed and reviewed a graph relating to the City of Lino 3 Lakes Fund Balance to Annual Budget. The graph outlined how the fund balances 4 compare to the City's annual budget from 1998 to 2005. He noted carrying fund balances 5 helps the City's ability to borrow funds. Finance Director Rolek also distributed an 6 example of the City's Cash Flow Policy, per Resolution 91 — 03, noting the total "excess 7 revenue" is $39,236. 8 9 The 2005 General Fund Operating Budget and Final 2004 Tax Levy, Collectible in 2005, 10 will appear on the regular Council agenda Monday, December 20, 2004, 6:00 p.m. 11 12 REGULAR AGENDA ITEMS 13 14 Economic Development Coordinator Divine noted Approval of Subordination Papers as 15 well as the Subdivision Agreement may be added to the Economic Development 16 Authority agenda. 17 18 There were no other changes to the agenda. 19 20 CODE UPDATE, GORDON HEITKE 21 22 City Administrator Heitke advised in 2003, the City entered into a contract with 23 American Legal Publishing Corporation for codifying the various City ordinances into a 24 current City code book. American Legal was given the previous City code and all • 25 subsequent ordinances. As part of the contract, the League of Minnesota Cities (LMC) 26 provides a legal review to ensure that the existing code and subsequent ordinances are 27 consistent with state statues. Upon receiving the draft code from American Legal and 28 comments from the LMC attorney, staff has reviewed the draft code and has proposed 29 some additional changes. There is still some remaining work to be done by staff in 30 certain areas of the code. 31 32 City Administrator Heitke indicated staff wishes to review the significant code changes 33 with the Council prior to submitting the final revisions to American Legal for preparation 34 of the final printing. The Council then needs to adopt the updated code. 35 36 City Administrator Heitke reviewed a proposed schedule for review and adoption of the 37 updated code. The changes would be reviewed at the January Council work sessions and 38 the first Council work session in February. A special Council work session may be 39 scheduled on February 2 to allow additional review time. Staff is proposing all revisions 40 be submitted to American Legal for final printing (under terms of existing contract) by 41 February 11, 2005. 42 43 City Administrator Heitke noted this code update does not include the review and 44 updating of the Zoning Ordinances and Subdivision Ordinance. The review of these 45 ordinances will entail a different process, including extensive involvement of the 46 Planning and Zoning Board. 47 •