05/29/2007 Council Minutes (2) - Laserfiche WebLink

Home Search

COUNCIL MINUTES May 29, 2007 APPROVED 46 Centennial Fire District (Check No. 2662 through Approved 11047 2685) in the amount of $34,822.07 48 49 Consider approval of May 14, 2007 City Council Meeting 50 Minutes Approved 51 52 Consider approval of May 14, 2007 Liquor Compliance 53 Hearing Minutes Approved 54 55 Consider Resolution No. 07-76 approving application for Approved 56 temporary 3.2 beer license, cabaret license and exemption 57 for gambling permit for the annual St. Joseph's Catholic 58 Church Festival, August 11 & 12 59 60 Consider Resolution No. 07-77 approving an annual Approved 61 permit for the sale of consumer fireworks for Super Target 62 at 749 Apollo Drive 63 64 FINANCE DEPARTMENT REPORT, AL ROLEK 65 66 Resolution No. 07-80 providing for issuance and sale of $4,215,000 General Obligation Tax 67 Increment Bonds — Finance Director Rolek reviewed the proposed issuance noting that this bonding • 68 portion of the financing plan for the I -35W Lake Drive Interchange Project will be primarily funded 69 using tax increment, with MSA (Municipal State Aid) as a back up. Although the bonds carry a 70 general obligation, with all costs being MSA eligible a tax levy is considered just a safety net that is 71 never expected to be utilized. 72 73 Springsted Bond Counsel Terri Heaton noted that the rating from Moody's is pending, however, with 74 the city's good overall bond rating and a general obligation backing, these bonds should be very 75 marketable and she estimates they will come in with about a 4.1 percent interest rate. 76 77 Council Member Stoltz moved to approve Resolution No. 07-80 as presented. Council Member 78 O'Donnell seconded the motion. Motion carried; Council Member Reinert absent. 79 80 ADMINISTRATION DEPARTMENT REPORT, DAN TESCH 81 82 Miller's on Main Special Event, Request for variance from state fire code - Administrator Heitke 83 explained that the owner of Miller's on Main, Chad Wagner, has applied for a special event permit to 84 conduct his annual music and dance event in a tent adjacent to his property. During review of the permit 85 application, it was determined that the proposed tent setback would not meet state fire code requirements. 86 There is a process that allows for request of a variance at the state level but local authorities are requested 87 to consider the matter first. The state established criteria for considering a variance was reviewed as well 88 as the advisory that granting a variance in good faith leaves the city with no liability in the matter. The • 89 council viewed the site plan for the event with staff pointing out the area being considered for a variance. 2