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HomeMy WebLinkAbout06-03-2008 CCMLAKE ELMO CITY COUNCIL MINUTES JUNE 3, 2008 1 MINUTES APPROVED: June 17, 2008 City of Lake Elmo City Council Meeting Minutes June 3, 2008 Mayor Johnston called the meeting to order at 7:00 p.m. Present: Mayor Johnston and Council Members Johnson, Park and Smith Also present: City Administrator Hoyt, City Engineers Griffin and Stempski, Finance Director Bouthilet, KDV auditor Joe Rigdon and City Clerk Lumby Absent: Council Member DeLapp APPROVAL OF AGENDA: MOTION: Council Member Smith moved to approve the June 3rd agenda as presented. Council Member Johnson seconded the motion. The motion passed unanimously. ORDER OF BUSINESS: APPROVE MINUTES: The minutes of May 20, 2008 were approved by consensus. PUBLIC COMMENTS/INQUIRIES: None CONSENT AGENDA: MOTION: Council Member Johnson moved to approve the consent agenda as presented. Council Member Park seconded the motion. The motion passed unanimously. • Approve Resolution no. 2008-026 payment of claims in the amount of $109,215.95 REGULAR AGENDA: Public Meeting: Annual Report for 2007 Municipal Separate Storm Sewer Systems (MS4S) City Engineer Ryan Stempski conducted a public meeting on the City’s Storm Water Pollution Prevention Program (SWPP) regarding its storm water quality and the steps that the City is taking to address the six minimum control measures. The City Council was asked to accept the Municipal Separate Storm Sewer System (MS4) Annual Report for 2007 for submission to MPCA. LAKE ELMO CITY COUNCIL MINUTES JUNE 3, 2008 2 Susan Dunn, 11018 N. 33rd St., N., asked how this differs from the Valley Branch Watershed. Mr. Stempski explained the SWPP addresses City items specific and the watershed does a holistic review, but each entity has its own permit. The city engineers will be at the Washington County Fair in August with a public education and outreach program. MOTION: Council Member Johnson moved to accept the Municipal Separate Storm Sewer (MS4) Annual Report for 2007 and to authorize staff to submit this report to the MPCA by June 30, 2008. Council Member Park seconded the motion. The motion passed unanimously. Financial information including actions related to: adjustments and changes in fund designations and transactions, proposed 2008 budget amendments and 2008 financial management and 2009 budget preparation. City Administrator Hoyt summarized the purpose of the presentation. It was to fully understand the City’s current financial accounting and status of each account at 2007 year end and to take action to bring the City’s finance records into compliance with accepted government accounting practices and to comply with the 2007 audit report. Joe Rigdon, CPA, Government Finance Expert, from Kern, DeWenter & Viere, Ltds. (KDV) explained how City finances are organized and provided a written report detailing 2007 funds and 2008 budget amendments. Todd Williams, 3025 Lake Elmo Avenue N., objected to the $1 million transfer to pay for planning and development costs in the Village because if there is no building in the village area, there will be no funds to pay off the loan. Joe Rigdon explained the transfer to the village fund was simply acknowledging that money has already been spent and must be accounted for. Susan Dunn, 11018 Upper 33rd St. N., said this budget is a very important document for use by the city council. She questioned how much time the council had to review the document since the Council just received the information at the meeting. Ann Bucheck, 2301 Legion Avenue N., added her concern that the City is making a loan to a development fund for an area that may never have development. MOTION: Council Member Johnson moved to approve actions items 1-5 as presented. Council Member Smith seconded the motion. The motion passed unanimously. 1. Authorize the following fund transfers, effective December 31, 2007: - General Fund transfer of $156,000 to the Infrastructure Reserve capital projects fund for future sealcoating (within 2007 General Fund budget) LAKE ELMO CITY COUNCIL MINUTES JUNE 3, 2008 3 - Close the MSA Construction capital projects fund with a $516,120.82 transfer to the Infrastructure Reserve capital projects fund - Close the Section 33 Utilities capital projects fund with a $105,953.20 transfer to the Infrastructure Reserve capital projects fund 2. Authorize the following inter-fund loan, effective December 31, 2007: - General Fund loan of $1,000,000 to the Village capital projects fund to temporarily finance the past and future Village project expenditures; interest to accrue at 4%; preliminarily scheduled payments of $500,000 at December 31, 2010, $400,000 at December 31, 2011, and $259,852.90 at December 31, 2012 3. Authorize the following General Fund reserves and designations of fund balance, effective December 31, 2007: - Reserved for Prepaid items: $3,823 - Reserved for Advances to Other Funds: $1,000,000 (equivalent to an internal loan to the newly created Village capital projects fund) - Designated for Cash Flow: $1,251,127 (equivalent to the remainder of General fund balance) 4. Move to amend the 2008 General Fund budget according to narrative on pages 20 and 21 and numerically detailed on pages 22 to 27 of the June 3, 2008 Finance Report presented by Joe Rigdon of KDV. 5. Extend contract for government finance services to work on next steps. - Move to extend the contract with KDV for financial services from June 30, 2008 through December 31, 208 to provide government financial management, oversight and budgeting services to comply with best financial practices for accounting and budgeting for an estimated amount of $50,000 from the general fund and enterprise funds, as appropriate. REPORTS AND ANNOUNCEMENTS: Council Member Park would like to talk about the possibility of licensing cats in the City. The Mayor adjourned the meeting at 9:00 p.m. Respectfully submitted by Sharon Lumby, City Clerk Resolution No. 2008-026 Approve Claims