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HomeMy WebLinkAbout03/25/1991 Council Minutes (2)048 COUNCIL MEETING MARCH 25, 1991 The regular meeting of the Lino Lakes City Council was called to order by Acting Mayor Reinert at 6:40 P.M., Monday, March 25, 1991. Council Members present: Neal, Kuether, Bohjanen. Mayor Bisel was absent. City Attorney, Bill Hawkins; Engineer's, Darrell Schneider and Dan Boxrud; Planner, John Miller; Public Works Director, Don Volk; Administrator, Randy Schumacher and Clerk - Treasurer Marilyn Anderson were also present. CONSENT AGENDA Council Member Kuether moved to approve the consent agenda as presented. Council Member Bohjanen seconded the motion. Motion carried unanimously. DISPOSITION MINUTES: Work Session, March 11, 1991 DISBURSEMENT: REGULAR AGENDA Regular Session, March 11, 1991 March 25, 1991 Centennial Fire Dept. ITEM Approved Approved Approved Acting Mayor Reinert asked that Item 8D, Consideration of Preliminary Plat for Oak Brook Peninsula be delayed until the April 8, 1991 agenda. OPEN MIRE Michael Kostick, My- Place -on- the -Lake appeared before the Council to express his concerns regarding the proposed Cabaret Ordinance amendment. Mr. Kostick explained that he has had a couple of outdoor events at his establishment in the past and there have been no problems. He said he has talked to Chief Campbell and the Minnesota Liquor Control Commission regarding the requirement that liquor cannot be sold outside of the building on the premise. He felt that this provision in the law has been overlooked in many communities because such events do bring added revenue into the community. Mr. Kostick said he felt that Lino Lakes was a small community and explained that the Council should be behind the businesses that are already established and not seek to restrict them further. He noted that the liquor industry is hurting because of the strict DWI laws, insurance costs and high taxes. He asked the Council to reconsider the proposed Cabaret amendment and make existing businesses the first PAGE 1 1 1 1 1 COUNCIL MEETING MARCH 25, 1991 priority. Darlene Neumann, representing St. Joseph Catholic Church explained that the church has one (1) large fund raising function each year where dancing is held under a tent and beer is sold. She noted that there have never been any complaints filed with the church and the proposed Cabaret Ordinance amendment would greatly hurt this annual fund raiser. Ms. Neumann asked the Council to reconsider the proposed ordinance or exempt non - profit organizations. Council Member Kuether said she thought this proposed amendment would not interfere with church activities. Chief Campbell explained that originally it appeared that a special permit could be issued to the church. However, there is no provision for such a permit. Chief Campbell said that he would ask the City Attorney to review the proposed amendment with him again. He noted that his primary concern is the problem associated with on- sale liquor establishments conducting outdoor activities. Council Member Kuether asked if it was a state law that required liquor to be sold in a building. Chief Campbell explained that it is what the Minnesota State Liquor Control Commission is telling this City. If other cities are allowing the sales of liquor outside of a building, it is assumed that they are obtaining special permits. Chris Ross, Ross' Bottle Shop asked if "premise" means the building or the address. Chief Campbell explained according to the State, it means the building. Acting Mayor Reinert explained that this matter will be further addressed during the second reading of the Cabaret Ordinance amendment on April 8, 1991. STAR OF THE NORTH GAMES REOUEST FOR FUNDING Mr. Elliott Perovich and Mr. Tom Snell appeared before the Council to promote the upcoming Star of the North Summer Games. Lino Lake was invited to be a part of this community effort. Mr. Perovich explained that the City of Blaine and the City of Coon Rapids are official hosts of the games, however support from the entire northern tier of cities is needed to put on the best games ever. Mr. Perovich gave the Council a brochure that explains how each city can become a North Patron. The brochure also explained the benefits becoming a Patron. Mr. Snell explained that the Anoka Chamber of Commerce is PAGE 2 049, 050 COUNCIL MEETING MARCH 25, 1991 supporting the Star of the North Summer Games because they feel the event brings revenue into the area to help local businesses. He noted that between 12,500 and 15,000 athletes are expected to compete in the games and about 20,000 to 30,000 spectators are expected to attend the games. It was noted that the cities are encouraged to ask the locally licensed charitable gambling organizations to contribute to the games in the name of the city. Council Member Bohjanen asked Mr. Perovich to send contribution information to the VFW. Acting Mayor Reinert explained that the Council will act upon the request for financial support at the end of this meeting. CABLE COMMISSION UPDATE Mr. Tesch explained that the Lino Lakes as well as nine (9) other cities are in the seventh year of a fifteen year franchise with Cable TV North Central. The franchise requires that Cable TV North Central expend money for replacement of equipment used for local programming. However, Cable TV North Central has filed a law suit claiming that it should not be held to any promises or projects made by its predecessor. Mr. Tesch said he would keep the Council update on the progress of this law suit. The Council was sent a list of areas to be considered for cable line extension this season. Mr. Tesch noted that some of these areas were proposed by the Council. No action was required on this matter. DESIGN REVIEW BOARD REPORT Consideration of a Minor Subdivision and Variance for Lot 5, Block 3, Rice lake Addition, DRB Application No. 91 - 03 and 91 - 05 - Mr. Miller explained that this request is similar to several in the past. This area was platted prior to the current lot width requirements with the idea that the lot would be subdivided when sanitary sewer and water was available. A variance is required because each new lot will be five (5) feet less that the required width. The request was review by the DRB and they recommended approval of the minor subdivision and the variance. Council Member Bohjanen moved to approve the minor subdivision request, DRB No. 91 - 03 contingent upon the payment of $800.00 for park dedication. Council Member Kuether seconded the motion. Motion carried unanimously. Council Member Kuether moved to approve the variance, DRB Application No. 91 - 05. Council Member Neal seconded the motion. Motion carried unanimously. PAGE 3 1 1 1 1 1 COUNCIL MEETING MARCH 25, 1991 Consideration of a Minor8ubdivision and Variance for Lot 9, Block 3, Rice Lake Addition, DRB Application No. 91 - 06 and 91 - 07 - Mr. Miller explained that this request is similar to the previous request. The DRB has reviewed the request and has recommended approval of the minor subdivision and variance. Council Member Bohjanen moved to approve the minor subdivision DRB No. 91 - 06 contingent upon payment of $800.00 for park dedication. Council Member Neal seconded the motion. Motion carried unanimously. Council Member Kuether moved to approve the variance, DRB Application No. 91 - 07. Council Member Neal seconded the motion. Motion carried unanimously. Site and Building Plan Review and Variance for Centennial School District No. 12 for Proposed New Elementary School on Birch Street, DRB Application No. 91 - 04 and 91 - 08 - Mr. Miller explained that Mr. McClellan, Superintendent of Schools for District No. 12 was present this evening to answer any questions the Council may have regarding the proposed new elementary school. He explained that a variance is required for a driveway entering the school site from West Shadow Lake Drive. The current City Codes requires that a driveway be no wider than 26 feet. However, school buses need extra turning width and the proposed driveway width is 30 feet. Mr. Miller noted that the DRB has reviewed the site and building plan and the variance request and had recommended approval contingent upon fourteen stipulations. Acting Mayor Reinert asked Mr. McClellan if he was comfortable with the stipulations. Mr. McClellan said he was. Council Member Neal asked who would pay for the upgrading of West Shadow Lake Drive from Birch Street north to the school driveway. Mr. Boxrud explained that he had looked at the condition of West Shadow Lake Drive and noted that it was deficient in both width and strength and would have to be reconstructed to state aid standards. Since this would be a fairly large improvement, the City would be looking at assessing all affected property owners. Mr. Boxrud also noted that a underpass under Birch Street is proposed. He explained that the developer on the south side of Birch Street has said he will cooperate in making this improvement. The trail system in his subdivision will lead to the underpass and this should avoid pedestrian traffic along Birch Street to the school. Just who will pay for this improvement has not yet been determined. Mr. Boxrud also explained the Anoka County Highway Department requirements for Birch Street in the area of Birch Street and West Shadow Lake Drive. PAGE 4 051 052 COUNCIL MEETING MARCH 25, 1991 Mr. Miller noted that the school is to be completed by July, 1992. Council Member Bohjanen moved to approve the site and building plan, DRB Application No. 91 - 04. Council Member Kuether seconded the motion. Motion carried unanimously. Council Member Bohjanen•moved to approve the variance, DRB Application NO. 91 - 08. Council Member Kuether seconded the motion. Motion carried unanimously. PUBLIC HEARING, TO TAKE PUBLIC COMMENT AND CONSIDER RESOLUTION NO. 17 91 REGARDING RE- DESIGNATING SOME OF THE 1989 COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS Mr. Schumacher explained that some CDBG rules have changed and the City was unable to spend all of the funds allocated to the City in 1989. He recommended that the Council re- designate the remaining funds ($8,318.00) for use in the surface water management acquisition plan. The majority of the 1990/1991 CDGB funds were allocated to this project. Acting Mayor Reinert opened the public hearing at 7:23 P.M. There was no one to speak for or against the proposal. Council Member Bohjanen moved to close the public hearing at 7:24 P.M. Council Member Neal seconded the motion. Motion carried unanimously. Council Member Bohjanen moved to authorize the re- designation of CDBG funds as outlined in Resolution No. 17 - 91. Council Member Neal seconded the motion. Motion carried unanimously. Resolution No. 17 - 91 can be found at the end of these minutes. PUBLIC HEARING, COMPREHENSIVE LAND USE PLAN AMENDMENT, LAKE AMELIA TOWN HOMES Mr. Miller explained that an error was made and this matter should be considered at the April 8, 1991 Council meeting. The Council agreed to postpone this matter until 7:00 P.M., April 8, 1991. ENGINEER'S REPORT Resolution No. 25 - 91 Ordering Improvement and Preparation of Plans for 66th Street, Dan Boxrud - Mr. Boxrud explained that the public hearing on this matter was held on January 14, 1991. A petition against the improvement has been received from one (1) of the two (2) affected landowners. The City Charter requires that the Council must deny the improvement if a petition for the PAGE 5 1 1 1 1 1 COUNCIL MEETING MARCH 25, 1991 improvement has not been received from the other affected landowner. Had there been equal petitioning, the Council would have had the choice of approving the improvement or denying the improvement. As matters currently stand, the Council must deny the improvement and deny Resolution No. 25 - 91. Council Member Kuether moved to deny Resolution No. 25 - 91. Council Member Bohjanen seconded the motion. Motion carried unanimously. Resolution No. 25 - 91 can be found in the resolution book. PUBLIC HEARING TO TARE PUBLIC COMMENT REGARDING ADOPTION OF INTERCHANGE LAND USE AND MARKET STUDY AS A COMPREHENSIVE PLAN AMENDMENT Mr. Miller explained that the Freeway Interchange Land Use and Market Study is a comprehensive plan amendment for land adjacent to the city's two (2) freeway interchanges. The plan makes specific recommendations for development in areas adjacent to both interchanges. Mr. Miller noted that the property owners were included in the preparation of the plan and meetings with them were held last summer. The draft plan has been reviewed by the DRB and the EDC and both recommend approval of the plan. Mr. Miller noted that the plan makes specific recommendations regarding development. He outlined the five (5) specific recommendations: 1) the need for a "Planned Development" overlay for the full interchange areas; 2) any proposal for a gasoline service station by definition must be part of a larger "Planned Development "; 3) require roadway re- alignments to better serve both interchange sites; 4) extend the Rural - Business Reserve District to Main Street at the I -35E interchange, and 5) emphasize commercial /retail development at the I -35W site and industrial development at the I -35E site with supporting retail and service activities. Mr. Miller used the overhead projector to outline the study areas at I -35E and I -35W. He particularly noted the proposed re- alignment of Lilac Street because of the concern by the state and county regarding the short distance of this street from I -35W. This would allow for better use of the land at the northwest corner of that freeway. Acting Mayor Reinert opened the public hearing at 7:53 P.M. There was no comment from the public. Council Member Kuether moved to close the public hearing at 7:54 P.M. Council Member Bohjanen seconded the motion. Motion carried unanimously. Council Member Bohjanen moved to direct staff to submit the PAGE 6 053 054 COUNCIL MEETING MARCH 25, 1991 freeway interchange plan amendment to the Metropolitan Council for review and comments. Council Member Kuether seconded the motion. Motion carried unanimously. CONTINUATION OF ENGINEERS REPORT Resolution No. 26 - 91 Ordering Improvement for Reshanau Lake Trunk Sanitary Sewer Improvement, Darrell Schneider - Mr. Schneider explained that the public hearing on this improvement was held January 14, 1991 and the 60 day waiting period has expired. A petition from Mr. and Mrs. Gary Barott has been received explaining that they would oppose the improvement unless the Council allows the property to be rezoned for Planned Unit Development. Mr. Schneider noted that the developer of PineRidge and the Centennial School District will cooperate in the planned improvement. Mr. Schneider recommended that Resolution No. 26 - 91 be adopted. Council Member Neal moved to approve Resolution No. 26 - 91 ordering the Reshanau Lake Trunk Sewer Improvement. Council Member Kuether seconded the motion. Motion carried unanimously. Resolution No. 26 - 91 can be found at the end of these minutes. Resolution No. 27 - 91 Approving Plans and Specifications and Ordering Advertisement for Bids, Reshanau Lake Trunk Sanitary Sewer Improvement, Darrell Schneider - Mr. Schneider explained that the plans for this improvement have been completed and permits are currently being obtained. He recommended that the Council approve the plans and specifications and advertise for bids. Council Member Bohjanen moved to approve Resolution No. 27 - 91 Approving Plans and Specifications and Ordering Advertisement for Bids for Improvement of Reshanau Lake Trunk Sanitary Sewer. Council Member Kuether seconded the motion. Motion carried unanimously. Resolution No. 27 - 91 can be found at the end of these minutes. Consideration of Preliminary Plat for Oak Brook Peninsula, Dan Boxrud - Acting Mayor Reinert noted that this item was tabled until the next Council meeting. Resolution No. 28 - 91 Approving Plans and Specifications and Ordering Advertisement for Bids, Brandywood Estates, Dan Boxrud - Mr. Boxrud explained that the Council ordered preparation of plans and specifications on February 11, 1991 providing that the Centennial School District agree to be assessed. The District has subsequently presented a letter agreeing to pay their portion of the public improvements. Mr. Boxrud noted that he has solicited acceptable quotations on the grading portion of the PAGE 7 1 1 1 1 1 COUNCIL MEETING MARCH 25, 1991 White Tail Ridge improvement. He asked that the storm sewer and street improvements for White Tail Ridge be added to the Brandywood Estates plans and specifications in order to get a more favorable bid. Mr. Boxrud explained that it is expected that completing White Tail Ridge in this manner would save approximately 15% in costs. He has been in contact with the property owners and they may guarantee the higher cost if this is necessary. Council Member Kuether moved to approve Resolution No. 28 - 91 Approving Plans and Specifications for Bids for Improvement of Brandywood Estates. Council Member Bohjanen seconded the motion. Motion carried unanimously. Council Member Bohjanen moved to approve Resolution No. 30 - 91 Ordering the Advertisement for Bids for Improvement of White Tail Ridge. Council Member Kuether seconded the motion. Motion carried unanimously. SECOND READING, ORDINANCE NO. 15 - 90 REGULATING THE PLANTING, MAINTENANCE AND REMOVAL OF TREES AND SHRUBS IN THE PUBLIC STREETS AND OTHER MUNICIPAL PROPERTY, DON VOLK Mr. Volk explained that there have been no changes in this proposed ordinance since the first reading. Acting Mayor Reinert asked if there will be any effort to educate the public regarding this matter. Mr. Volk said yes, this is addressed in the Tree Preservation Policy. Council Member Kuether moved to approve the second reading of Ordinance No. 15 - 90 and dispense with the reading. Council Member Bohjanen seconded the motion. Motion carried unanimously. Ordinance No. 15 - 90 can be found in the Ordinance Book. CONSIDERATION OF RESOLUTION NO. 29 - 91 ADOPTING AN INVESTMENT POLICY FOR THE CITY OF LINO LAKES, RANDY SCHUMACHER Mr. Schumacher explained that the purpose of the policy is to provide a policy for staff for the most effective investments possible as well as to provide a standardize guideline for any staff person to follow. He noted that current investment policies have been effective but should be formalized into a policy. Council Member Bohjanen moved to approve Resolution No. 29 - 91 adopting an investment policy for the City of Lino Lakes. Council Member Kuether seconded the motion. Motion carried unanimously. PAGE 8 055 056 COUNCIL MEETING MARCH 25, 1991 Resolution No. 29 - 91 can be found at the end of these minutes. CONSIDERATION OF AN EXCLUSIVE DEVELOPMENT AGREEMENT WITH LAPPIN AND ASSOCIATES FOR DEVELOPMENT OF RICE LAKE PLAZA, JOHN MILLER Mr. Miller explained that Mr. Lappin has asked that the Council approve an exclusive development agreement for him for the period of 90 days. This agreement would restrict the City from dealing with anyone else for the development of Rice Lake Plaza for 90 days. The developer of Rice Lake Plaza has expressed interest in selling land in Circle Pines to Mr. Lappin as well as selling the architectural work that has been completed to date. However, Mr. Lappin is not interested in the land in Circle Pines nor the architectural work. Mr. Miller explained that Rice Lake Plaza is in TIF District 1 -4. A project is needed for this district by June 1, 1991. Council Member Kuether asked if this procedure was a normal procedure. Mr. Miller explained that it was done in this City once before but is done in other cities. Council Member Kuether expressed concern because of the time constraint. Mr. Miller explained that the developer of Rice Lake Plaza has put this development on the "back burner ". He is pursuing another development in another area of this City. Council Member Bohjanen asked how much property is Mr. Lappin considering purchasing. Mr. Miller said approximately 15 acres owned by George Reiling. Mr. Lappin is also looking at purchasing a couple of small parcels on the shore of Rice Lake. Mr. Miller explained that the proposed street alignment of Highway #49 and Lake Drive is another concern. He proposed that the Council consider the street alignment in a work session within the next couple of weeks. Mr. Lappin told the Council that he would be interested in a 45 day exclusive development agreement. He said he has a good working relationship with the mortgage community and is looking at locating a grocery store at that site. He said he hoped to get something built yet this year. Council Member Neal moved to approve a 45 day exclusive development agreement with Mr. Lappin. Council Member Kuether seconded the motion. Motion carried unanimously. STAR OF THE NORTH GAMES REOUEST FOR FUNDING Mr. Schumacher explained that earlier in this meeting, the Star of the North Games organizers requested funding for the summer games. He noted that normally these requests are worked into the budget. However this year every city is getting bad news from PAGE 9 1 1 1 1 1 COUNCIL MEETING MARCH 25, 1991 the state. Mr. Schumacher suggested that if the Council felt strongly enough about this request, some money could be taken from Economic Development funds. Another suggestion was to work with the local non - profit charitable gambling organizations. Council Member Bohjanen explained that gambling operations have become more of a "headache" than a profitable situation. He said he would check to see if there was any money available through the VFW. Council Member Neal moved to deny the request for City funds to support the Star of the North Games. Council Member Kuether seconded the motion. Motion carried unanimously. OLD BIISINESS There was no Old Business. NEW BIISINESS Set Public Hearing for Off -Sale Liquor License for Douglas R. Hughes for Tom Thumb Store for Monday, April 22, 1991, 7:00 P.M. Mrs. Anderson explained that the public hearing is required by the City Code. She also noted that this was the first possible public hearing date. Mr. and Mrs. Hughes were in the audience and explained that they have a problem because improvement must be made to the building. Also a grand opening date has been set. The public hearing date will delay the grand opening. Acting Mayor Reinert said that the City Code must be followed and the required publications must be made. The Council can not make any commitments regarding issuing the license until after the public hearing. Mr. Hughes said he would probably have to delay the grand opening until June 1, 1991. Council Member Bohjanen moved to set the public hearing. Council Member Neal seconded the motion. Motion carried unanimously. Request from Lino Lakes Lioness Club for City Council to Designate August 17, 1991 as "Lino Days" - Mrs. Anderson explained that the Lioness Club is planning a second annual "Lino Days" celebration and asked that the City Council support them in this effort. Council Member Bohjanen asked why the event was not named "Lino Lakes Days ". Mrs. Schrader and Mrs. Graphenteen of the Lioness Club explained that they felt Lino was a familiar term. Council Member Kuether moved to designate August 17, 1991 as "Lino Days ". Council Member Neal seconded the motion. Motion carried unanimously. Council Member Neal reminded Mrs. Schrader and Mrs. Graphenteen to apply for the beer license and use of the park as soon as possible. Set a Date for Team Building Follow -Up Session in April, PAGE 10 O5f 058 COUNCIL MEETING MARCH 25, 1991 Suggested Dates, Thursday April 18, Thursday April 25 - Acting Mayor Reinert said these meetings were extremely important and asked Mr. Schumacher to be sure every one could attend the date set. Wednesday, April 17, 1991 was set for the team building meeting. League Annual Legislative Conference, Wednesday, April 10, 1991 - Acting Mayor Reinert said he would make every effort to attend. Council Member Neal said he would attend. Mr. Schumacher asked that anyone interested in attending contact him so that they can be preregistered. Mobile Home Park - Mr. Miller and Council Member Neal visited a site proposed for use as a mobile home park. The site is located near I -35E and Cedar Street. Acting Mayor Reinert asked that the developer make a proposal to the City. He noted that the area would have to be rezoned and this will take some time going through the process. Sewer and Water Hook Ups - Mr. Neal noted that many residents would like to hook up to the sanitary sewer and municipal water. However, they are unable to pay the cost of making the connection from the street to the house. He asked if this cost could be added to the assessment. Mr. Schumacher explained that the City would be making improvements on private property. There would be a liability risk. The City Attorney explained that no improvement that would not be a benefit to the City at large can be assessable. He noted that if the City were to complete the installation, the City would be using City funds and it would be illegal to use public funds for improvements on private property. Cost of County Sheriff's Police Coverage - Council Member Neal asked Mr. Schumacher to contact the Sheriff's Department to determine what the cost of coverage would be for five (5) years. After discussing this matter further it was decided to continue the discussion in the future. Council Member Kuether moved to adjourn at 9:05 P.M. Council Member Bohjanen seconded the motion. Aye. These minutes were considered, corrected and approved at a regular meeting of the Lino Lakes City Council held on April 8, 1991. M r4 1y G. Anderson Xj1 Harold L. Bisel, Clerk- Treasurer Mayor PAGE 11 1 CITY OF LINO LAKES RESOLUTION NO. 17 -91 A RESOLUTION CHANGING THE DESIGNATION OF 1989 COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS FROM ECONOMIC DEVELOPMENT PLANNING TO THE ACQUISITION OF BLIGHTED PROPERTY IN THE FLOODPLAIN. WHEREAS, In 1989 the City of Lino Lakes was granted Federal Community Development Block Grant Funds administered through Anoka County, and WHEREAS, $17,037.00 of those 1989 dollars were initially designated for economic development planning, and WHEREAS, The city spent $8,318.89 on a housing study, but due to additional restrictions on planning projects no other projects met eligibility requirements, and WHEREAS, The city is presently involved in a multi -year CDBG Surface Water Management /Blighted Property Project for which those 1989 dollars may be used, and WHEREAS, The Anoka County Board of Commissioners requires the City of Lino Lakes to pass a resolution amending CDBG designations, NOW THEREFORE BE IT RESOLVED: 1. That the City Council of the City of Lino Lakes - hereby desires to amend the designation of it's 1989 CDBG Economic Development Planning funds to it's 1991 Surface Water Management /Blighted Floodplain Property Project. Adopted by the Lino Lakes City Council this 25th Day of March , 1991. Harold L. Bisel, Mayor Mar ly G. Anderson, Clerk /Tr. 059 060 Council Member Neal introduced the following resolution and moved its adoption: CITY OF LINO LAKES RESOLUTION NO. 26 - 91 RESOLUTION ORDERING IMPROVEMENT OF RESHANAU LAKE TRUNK SANITARY SEWER IMPROVEMENT WHEREAS: a resolution of the City Council adopted the 10th day of December, 1990 fixed a date for a Council hearing on the proposed improvement of Reshanau Lake Trunk Sanitary Sewer Improvement, WHEREAS: ten days' mailed notice and two week's published notice of the hearing was given, and the hearing was held thereon on the 14th day of January 14, 1991 at which all persons desiring to be heard were given an opportunity to be heard thereon, and WHEREAS: a period of 60 days has elapsed after the public hearing and one (1) petition has been filed against the improvement as provided by in Section 8.04, Subd. 1 of Chapter 8 of the Lino Lakes City Charter. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LINO LAKES: 1. Such improvement is hereby ordered as proposed in the Council resolution adopted the 10th day of December, 1990. Adopted by the Council this 25th day •f March, 1991. Harold L. Bise , Mayor MarilyniG. Anderson, Clerk- Treasurer The motion for the adoption of the foregoing resolution was duly seconded by Council Member Kuether and upon vote being taken thereon, the following voted in favor thereof:Neal, Kuether, Reinert, Bohjanen. 1 1 1 1 1 RESOLUTION NO. 26 - 91 PAGE -2- The following voted against same: none, Mayor Bisel was absent. Where upon said resolution was declared duly passed and adopted. 061 062 Council Member Bohlanen introduced the following resolution and moved its adoption: CITY OF LINO LAKES RESOLUTION NO. 27 — 91 RESOLUTION APPROVING PLANS AND SPECIFICATIONS AND ORDERING ADVERTISEMENT FOR BIDS FOR IMPROVEMENT OF RESHANAU LAKE TRUNK SANITARY SEWER IMPROVEMENT WHEREAS: pursuant to a resolution passed by the council on January 14, 1991, the City Engineer has prepared plans and specifications for the improvement of the Reshanau Lake Trunk Sanitary Sewer Improvement and has presented such plans and specifications to the Council for approval; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LINO LAKES, MINNESOTA: 1. Such plans and specifications, a copy of which is attached hereto and made a part hereof, are hereby approved. 2. The City Clerk shall prepare and cause to be inserted in the official paper and the Construction Bulletin an advertisement for bids upon the making of such improvement under such approved plans and specifications. The advertisement shall be published for two days, shall specify the work to be done, shall state that bids will be opened and bids will be received by the City Clerk until 10:00 A.M. on April , 19th , 1991 at which time they will be publicly opened in the Council chambers of the city hall by the City Clerk and Engineer, will be tabulated and will be considered by the Council at 6:30 P.M. on April 22nd , 1991 in the Council chambers. Any bidder whose responsibility is questioned during consideration of the bid will be given the PAGE 1 1 1 1 1 1 RESOLUTION NO. 27 - 91 PAGE -2- opportunity to address the Council on the issue of responsibility. No bids will be considered unless sealed and filed with the Clerk and accompanied by a cash deposit, cashier's check, bid bond or certified check payable to the Clerk for five (5) per cent of the amount of such bid. Adopted by the Lino Lakes City Council this 25th day of March, 1991 /664-cl Harold L. Bisel, Mayor Mail G. An erson, Clerk.- Treasurer The motion for the adoption of the foregoing resolution wad duly seconded by Council Member Kuether and upon vote being taken thereon, the following voted in favor thereof: Neal, Kuether, Reinert, Bohjanen. The following voted against same: None, Mayor Bisel was absent. Where upon said resolution was declared duly passed and adopted. PAGE 2 063 064 Council Member Kuether introduced the following resolution and moved its adoption: CITY OF LINO LAKES RESOLUTION NO. 28 — 91 RESOLUTION APPROVING PLANS AND SPECIFICATIONS AND ORDERING ADVERTISEMENT FOR BIDS FOR IMPROVEMENT OF BRANDYWOOD ESTATES WHEREAS: pursuant to a resolution passed by the council on February 11, 1991, the City Engineer has prepared plans and specifications for the improvement of Brandywood Estates and has presented such plans and specifications to the Council for approval; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LINO LAKES, MINNESOTA: 1. Such plans and specifications, a copy of which is attached hereto and made a part hereof, are hereby approved. 2. The City Clerk shall prepare and cause to be inserted in the official paper and the Construction Bulletin an advertisement for bids upon the making of such improvement under such approved plans and specifications. The advertisement shall be published for two days, shall specify the work to be done, shall state that bids will be opened and bids will be received by the City Clerk until 10:00 A.M. on Friday, April 19, 1991, at which time they will be publicly opened in the Council chambers of the city hall by the City Clerk and Engineer, will be tabulated and will be considered by the Council at 6:30 P.M. on Monday, April 22, 1991 in the Council chambers. Any bidder whose responsibility is questioned during consideration of the bid will be given the opportunity to address the Council on the issue of responsibility. No bids will be considered unless sealed and filed with the Clerk and PAGE 1 1 1 1 1 RESOLUTION NO. 28 — 91 Page —2— accompanied by a cash deposit, cashier's check, bid bond or certified check payable to the Clerk for five (5) per cent of the amount of such bid. Adopted by the Lino Lakes City Council this 25th day of March, 1991. Harold L. Bisei,'Mayor Mari v Anderson, C erk- Treasurer The motion for the adoption of the foregoing resolution wad duly seconded by Council Member Bohianen and upon vote being taken thereon, the following voted in favor thereof: Neal, Kuether, Reinert, Bohjanen. The following voted against same: None, Mayor Bisel was absent. Where upon said resolution was declared duly passed and adopted. PAGE 2 065 066 RESOLUTION 29 -91 A RESOLUTION ADOPTING AN INVESTMENT POLICY FOR THE CITY OF LINO LAKES. WHEREAS, The City of Lino Lakes is dedicated to the proposition that a sound investment program is an essential element of good fiscal management; and WHEREAS, It is important to have written policies and procedures wherever possible; and WHEREAS, A written policy will aid in the investment process, and WHEREAS, The attached policy conforms with all legal and Council authorized policies; NOW THEREFORE BE IT RESOLVED: That the City Council of the City of Lino Lake hereby adopts the attached Investment Policy. Adopted by the Lino Lakes City Council this 25th March , 1991 Day of Harold L. Bisel, Mayor lyre G. Anderson, City Clerk 1 INVESTMENT POLICY FOR THE CITY OF LINO LAKES I. SCOPE This investment policy applies to all financial assets held by the City of Lino Lakes. II. INVESTMENT OBJECTIVES A. The following objectives will be applied in the investment of the city's funds: 1. The primary objective is the preservation of capital and the protection of investment principal. 2. The City will strive to maximize the return on the investment portfolio and to preserve the purchasing power but will avoid assuming unreasonable investment risk. 3. The investment portfolio should allow the City to meet cash flow requirements for operations. 4. The City will employ mechanisms to control risks and diversify its investments in regard II A:: the type as well as the individual financial institution. III. LEGAL ASPECTS The City of Lino Lakes will invest only in securities which are permissible under Minnesota Statute Section 475.66(see Exhibit A). 1 IV. CRITERIA FOR SELECTION OF FINANCIAL INTERMEDIARIES A. General Guidelines The City of Lino Lakes will conduct its investment transactions with (1) financial institutions located in the State of Minnesota that are designated as depositories by the City Council and (2) security dealers who are on the Federal Reserve Bank's list of primary dealers. B. Repurchase Agreements (Repo's) Selection of Repo Vendors The Accountant shall only purchase repurchase agreements from vendors that meet the following criteria (as defined in MSA. 475.66): a. The vendor must be a primary reporting dealer in the United States government securities to the Federal Reserve Bank of New York; or 067 068 b'. Any national or state bank in the U.S. that is a member of the Federal Reserve System and whose combined capital and surplus equals or exceeds $10,000.000. V. SPECIAL REQUIREMENTS FOR CERTAIN INVESTMENTS A. Certificates of Deposits 1. Certificates of deposit shall not exceed the amount of F.D.I.C. insurance covering such deposit unless collateral or a bond is furnished as additional security. Except for notes secured by first mortgages, the total amount of collateral computed at its market value shall be at least ten percent more than the amount or deposit in excess of the insured portion. 2. The total amount of collateral consisting of notes secured by first mortgages of future maturity, computed at its market value shall be at least forty percent more than the amount on deposit in excess of the insured portion. 3. The collateral so deposited shall be assigned to the City of Lino Lakes from the depository. B. Bankers Acceptances 1. Bankers Acceptances shall be restricted to those of United States banks eligible for purchase by the Federal Reserve System. C. COMMERCIAL Paper 1. Commercial paper shall be restricted to issues that have a rating of A -1 by Moody's and P1 by Standard and Poors and mature in 270 days or less. 2. Commercial paper shall be purchased only from dealers who report to the Federal Reserve Bank of New York or from qualifying banks. VII. ADMINISTRATIVE PROCESS The City of Lino Lakes investment program should have four basic ingredients: legality, safety, liquidity, and yield. Cash management is also an essential ingredient to a good investment program. The Finance Department has the responsibility to establish procedures for effective cash management. These procedures will be maintained by the Accountant and reviewed with the City Administrator, at a minimum, on an annual basis to determine applicability. 069 Council Member Bohjanen introduced the following resolution and moved its adoption: CITY OF LINO LAKES RESOLUTION NO. 30 - 91 RESOLUTION AND ORDERING ADVERTISEMENT FOR BIDS FOR THE IMPROVEMENT OF WHITE TAIL RIDGE WHEREAS: pursuant to a motion passed by the Council on September 24, 1990, the Council rejected all bids for White Tail Ridge, and WHEREAS: the Council directed that this project be rebid in conjunction with another project to secure more favorable bids, NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LINO LAKES, MINNESOTA: 1. The City Clerk shall prepare and cause to be inserted in the official paper and the Construction Bulletin an advertisement for bids upon the making of such improvement under such approved plans and specifications and in conjunction with the bid for Brandywood Estates. The advertisement shall be published for two days, shall specify the work to be done, shall state that bids will be opened and bids will be received by the City Clerk until 10:00 A.M. on Friday, April 19, 1991, at which time they will be publicly opened in the Council chambers of the city hall by the City Clerk and Engineer, will be tabulated and will be considered by the Council at 7:00 P.M. on Monday, April 22, 1991 in the Council chambers. Any bidder whose responsibility is questioned during consideration of the bid will be given the opportunity to address the Council on the issue of responsibility. PAGE 1 070 RESOLUTION NO. 30 - 91 PAGE -2- No bids will be considered unless sealed and filed with the Clerk and accompanied by a cash deposit, cashier's check, bid bond or certified check payable to the Clerk for five (5) per cent of the amount of such bid. Adopted by the Lino Lakes City Council this 25th day of March, 1991. Haro d L. Bisel, Mayor Mar11yr G. An erson, Clerk- Treasurer The motion for adoption of the foregoing resolution was duly seconded by Council Member Kuether and upon vote being taken thereon, the following voted in favor thereof: Neal, Kuether, Reinert, Bohjanen. The following voted against same: none, Mayor Bisel was absent. Where upon said resolution was declared duly passed and adopted. PAGE 2