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LAKE ELMO CITY COUNCIL MINUTES SEPTEMBER 2, 1986 PAGE 10 <br />requires that election judges are to be appointed by the governing <br />body a minimum of 25 days prior to an election. Therefore, <br />approval of the following residents to serve as election judges is <br />requested for the November 4, 1986 General Election. <br />Judy Morris Vicki Nielsen Richard Opland <br />99759 45th Street N. 9498 Stillwater Blvd. N. 2811 Irish Avenue <br />M/S/P Mazzara/Dunn - to approve Judy Morris, Vicki Nielsen and <br />Richard Opland as election judges at the November 4, 1986 General <br />Election. (Motion carried 4-0). <br />Mayor Morgan advised the Council that he will not be attending the <br />September 16, 1986 City Council meeting. <br />M/S/P Christ/Armstrong - to adjourn the City Council meeting at <br />10:30 p.m. (Motion carried 5-0). <br />Resolution 86-43 - Ordering Interfund Audit adjustments as recommended in the <br />audit report of the City's 1985 financial statements by <br />Voto, Reardon, Tautges & Co., Ltd. <br />Resolution 86-44 - Ordering the 1986 Sealcoating Project <br />---------------- <br />Amended 9-16-86 <br />Page 2. <br />City Engineer Bohrer explained that the City for several years has been at its <br />levy limitation as far as the ability to tax or gain additional revenue by taxing. <br />There has not been enough money available through the general revenue to sealcoat <br />the streets. There are a few ways that the City can get the additional money <br />it needs by law. If the City has some bonded indebtedness it can add additional <br />tax above the levy limitation to pay for those bonds. When you sell general <br />obligation bonds you must, according to Minnesota Statutes Chapter 429, assess <br />a minimum of 20%. He agreed with Mr. Madson that it does seem alot of expense <br />and effort, but the City doesn't know any other way to do the necessary maintenance <br />without using this procedure. Bohrer added that there is some legislation due <br />to this term called Infrastructure which alla-7s a City to exceed its levy <br />limitations for these type of improvements. <br />Page 4. <br />Their motion recommended that Mr. Sovereign be given the variance to -,the <br />development moratorium. <br />Page 8 <br />County Road 13 <br />