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CITY COUNCIL WORK SESSION JUNE 5, 2006 APPROVED • 1 Mr. Jakes referred to the included BMP Timeline/Implementation Schedule that was also 2 included in the Council packets. 3 4 2005 AUDIT REPORT 5 6 Finance Director Rolek stated Darwin Viker of Larson, Allen, Weishair & Company was 7 present this evening to distribute the 2005 Annual Financial Report and provide an 8 overview of the City's financial statements, present the auditor's management analysis 9 and answer questions with regard to the financial condition of the City. 10 11 Mr. Viker referred to the Comprehensive Annual Report and pointed out the 12 Management's Discussion and Analysis section. He noted this is a narrative overview 13 and analysis of the financial activities of the City of Lino Lakes for the fiscal year ended 14 December 31, 2005. He indicated this section has not been audited. 15 16 Mr. Viker briefly reviewed the basic financial statements of the City. He referred to 17 Management Report and reviewed the auditor's comments and suggestions to more 18 efficiently run the City's operations or improve its internal controls. 19 20 This item will appear on the regular Council agenda Monday, June 12, 2006, 6:30 p.m. 21 22 HARDWOOD CREEK DEVELOPMENT UPDATE • 23 24 Community Development Director Grochala advised the Hardwood Creek Development 25 team has been working with staff and Anoka County to determine the scope of 26 transportation improvement necessary to facilitate development of the site. Primarily 27 these discussions have centered on the upgrade of CSAH 54 (20th Avenue) to a four lane 28 divided roadway, the interchange, and the extension of 21st Avenue North. Additional 29 traffic modeling has been completed and has led to additional discussions with Anoka 30 County regarding the proposed 3/4 access at the CSAR 14/21st Avenue intersection and the 31 possibility of realigning the existing CSAH 54 to the east of its existing location. 32 33 Community Development Director Grochala stated as previously proposed and agreed 34 upon by Anoka County, Centerville and Lino Lakes, the new CSAR 14/21St Avenue will 35 be constructed as a % intersection with the CSAH 14 reconstruction. A 3/4 intersection 36 allows for both right-in/right-out movements as well as left turns onto 21St Avenue. The 37 proposed intersection was designed in this fashion due to its proximity to the freeway 38 ramps, to satisfy Anoka County access spacing guidelines, and improve mobility and 39 safety along the corridor. However, as traffic studies have been refined it is becoming 40 apparent that the limitation of access focuses more traffic onto CSAH 54 and its 41 intersection with CSAH 14. 42 43 Community Development Direction Grochala stated while additional analysis is 44 necessary it is apparent that in both the short term and long term forecasts CSAH 54 • 45 begins to take a more predominant role in the areas transportation system. The traffic 46 modeling conducted so far indicates that a full access to the north at 21st Avenue, with