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HomeMy WebLinkAbout2008-012 Council Resolution• • • Council Member' Donnell introduced the following resolution and moved its adoption: CITY OF LINO LAKES RESOLUTION NO. 08 -12 RESOLUTION ADOPTING THE 5 -YEAR FINANCIAL PLAN FOR 2008 -2012 WHEREAS, Chapter VII, Section 7.05 of the City Charter calls for the preparation of a five -year financial plan, and, WHEREAS, City staff has prepared such five -year financial plan for the years 2008 —2012, including all elements as listed in the City Charter, and, WHEREAS, City staff has reviewed the proposed 2008 -2012 Five -Year Financial Plan with the City Council, and, WHEREAS, the City Council has held a public hearing and taken public comment on the proposed 2008 -2012 Five -Year Financial Plan as required by the City Charter. NOW, THEREFORE, BE IT RESOLVED, that the Lino Lakes City Council hereby adopts the proposed 2008 -2012 five -year financial plan. In accordance with the City Charter, the City Council hereby orders a summary of the Five -Year Financial Plan be published in the official newspaper. Adopted by the Lino Lakes City Council this 28th day of January, 2008. The motion for the adoption of the foregoing resolution was duly seconded by Council Member Gallup and upon vote being taken thereon, the following voted in favor thereof: O'Donnell, Gallup, Reinert, Bergeson The following voted against same: none (absent Stoltz) Whereupon said resolution was declared duly passed and adopted. cw. ` iutign e Bartell, C y CI�r • • AGENDA ITEM 2A STAFF ORIGINATOR Al Rolek MEETING DATE January 28, 2008 TOPIC Consideration of Resolution 08 -12 Adopting Five -Year Financial Plan for 2008 — 2012 Simple Majority VOTE REQUIRED The Lino Lakes City Charter Section 7.05 requires the annual preparation of a five -year financial plan. The elements to be included in the plan are a Public Service Program, Revenue Program, Capital Improvement Program and a Capital Budget. The Charter requires that a public hearing be held on the plan and that a summary of the approved plan be published. Staff has prepared a draft Five -Year Financial Plan for the years 2008 -2012. The plan includes all of the required elements. The Plan first addresses the Public Service Program and lists anticipated personnel and other resources needed to meet these needs over the five -year term. Projections of the City's tax capacity and tax levy authority are presented next, followed by projected revenues (Revenue Program) for the next five years. A detailed projection of anticipated program expenditures follows. Finally, the Capital Improvement Plan (CIP) is presented which addresses future needs in the areas of infrastructure extension and replacement, equipment replacement and park improvements. Project descriptions, cost estimates, financial resources and cash flow analyses are included within the CIP, and constitute projected budgets for future capital needs. The assumptions used in the plan are based upon both historical data and projections of future growth and needs. In general, an inflation rate of three percent (3 %) was used in projecting future expenditures. This percentage varies somewhat based upon what is known about inflation of particular factors, industries, etc. Existing statutes were used to calculate available taxing capacity and taxing authority. More detailed assumptions and factors are listed throughout the document. The plan has been reviewed by the City Council at several work sessions, and a public hearing was held on January 14, 2008. Staff recommendation is to approve Resolution 08 -12 adopting the Five -year Financial Plan for 2008 -2012. 1. Adopt Resolution 08 -12. 2. Refer to Staff for further review. 3. Deny Resolution 08 -12. Option 1 Council Member o' Donneldltroduced the following resolution and moved its adoption: CITY OF LINO LAKES COUNTY OF ANOKA RESOLUTION NO. 08 -11 FINDING A VIOLATION OF LIQUOR CODE AND IMPOSING PENALTY MILLER'S ON MAIN WHEREAS, The Lino Lakes Code of Ordinances, Section 701.09, Subdivision 4, Vacation of Premises, requires that anyone other than the licensee or employees must vacate the premises of a licensed liquor establishment within thirty minutes after the time during which sales can be made; and WHEREAS, Miller's on Main has been issued a 2:00 a.m. permit allowing them sale of liquor up to 2:00 a.m.; and WHEREAS, on June 21, 2007, the Lino Lakes Police Department of Lino Lakes found several patrons inside the Miller's on Main establishment after legal hours of operation; and WHEREAS, the City Council of Lino Lakes conducted a violation hearing on February 11, 2008 and reached a finding that a violation did occur; and WHEREAS, the City Council has agreed to impose penalties consistent with the Best Practices Grid; and WHEREAS, the recommendation under the Best Practices Grid is a $500 civil penalty; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LINO LAKES, MINNESOTA: The City of Lino Lakes hereby adopts Resolution No. 08 -11, Finding a Violation of the Liquor Code and Imposing Penalty to Miller's on Main. Adopted by the Council of the City of Lino Lakes th day of February, 2008. ne Bartell, Ci y Berg on," ayor The motion for the adoption of the foregoing resolution was duly seconded by Council Member Gallup and upon vote being taken thereon, the following voted in favor thereof: O'Donnell, Gallup, Reinert, Stoltz, Bergeson- The following voted against same: none Whereupon said resolution was declared duly passed and adopted.