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• <br />• <br />• <br />CITY COUNCIL WORK SESSION October 6, 2008 <br />APPROVED <br />134 provided to the council by Terri Heaton of Springsted, market instability is influencing <br />135 their recommendation on refinancing. Staff is now recommending an internal loan to <br />136 finance debt service payments on these bonds, specifically funding from the Sanitary <br />137 Sewer fund, to be repaid through future assessment collections. <br />138 <br />139 Staff will keep the council updated. <br />140 <br />141 GOALS AND OBJECTIVES QUARTERLY UPDATE <br />142 <br />143 Administrator Heitke reviewed the update. The council had no questions. <br />144 <br />145 CITY COUNCIL MEETING MINUTES OF SEPTEMBER 8, 2008 <br />146 <br />147 The council concurred on the following correction to the minutes: <br />148 <br />149 Line 143 and 144 amended to read as follows: "An independent investigation of the <br />150 allegation of an illegal meeting was called for. Two council members concurred." <br />151 <br />152 The minutes will be corrected and placed on the agenda for the next regular council <br />153 meeting for consideration of approval. <br />154 <br />155 LIQUOR COMPLIANCE HEARING — SET DATE AND TIME <br />156 <br />157 The council concurred with the recommended hearing time of 6:15 p.m. on October 27, <br />158 2008. Staff will proceed with the notification process. <br />159 <br />160 REGULAR MEETING AGENDA <br />161 <br />162 The council reviewed the agenda. <br />163 <br />164 The meeting was adjourned at 8:10 p.m. <br />165 <br />166 These minutes were considered, corrected and approved at the regular Council meeting held on <br />167 October 27, 2008. <br />168 <br />169 <br />170 • <br />171 <br />172 Julianne lArtell, City erk 1.1**1:riergeson, ayor <br />173 <br />4 <br />