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September 11, 1978 Page 2 Councilmember Baumgartner also pointed out that Mr. Beach would have to go through a formal application with the City and appear before the Planning Commission before the Council could act on it. Attorney Meyers added that a permit would be required and rezoning might also be required. Mayor Pickar recommended that Mr. Beach come in and fill out an application with the City. Neil Loeding, 5046 Longview Drive stated that in reference to his previous request for corrections to the minutes, he would like to tape record portions of the meeting. Mayor Pickar replied that it was the Council's perogative and that they would not allow it. Mr. Loeding stated he would like action taken on the corrections he had previously submitted to the Council. Administrator Achen explained that the Council had previously received two sets of suggested corrections to Council minutes from Mr. Loeding, some dating back to February of 1978. Councilmember Ziebarth stated that if there was going to be a problem with the minutes at every meeting, as far as corrections being requested, the Council should decide policy -wise how to handle the issue. He added that he had looked over the suggested corrections and agreed that some factual information was misstated but at the same time there were several items that he questioned as to if they should be changed or corrected. He added that he does not want to get into a court reporter situation. Mr. Loeding stated he would like his corrections made a matter of public record if they are not acceptable as corrections. Mayor Pickar replied that they will be put on the agenda for the next agenda session. He added that he does not necessarily agree with the corrections that have been suggested. Councilmember Baumgartner pointed out that the suggested corrections from Mr. Loeding are a matter of public record and are available at City Hall upon request, since they were part of the minutes of the August 28 meeting. Mayor Pickar stated that the discussion would be continued after the scheduled items on the agenda. PUBLIC HEARING REZONING OF 2291 KNOLL DRIVE TO R -2 MSP Pickar- Ziebarth) to postpone the hearing until 7:40 PM on October 23, 1978 because of inadequate legal notice at this time. 4 ayes BID OPENING SALE OF $1,410,000 IMPROVEMENT BONDS, SERIES 1978 Seegar Swanson of Ehlers and Associates stated that four bids were received on the bond sale and read the bids. The bid from BANC Northwest had a net interest cost of $489,695.01 and net interest rate of 5.282578; Continental Illinois National Bank had a net interest cost of $494,112.50 and net interest rate of 5.33023; the bid from First National Bank of St. Paul had a net interest cost of $491,894.00 and net interest rate of 5.30629; and the bid from Kirchner, Moore Co. had a net interest cost of $491,210.00 and net interest rate of 5.298921. Mr. Swanson stated that the A rating for Mounds View had been continued by Moody's and presented a summary of the net interest rate for other bonds sold within the past week in Minnesota. He added that he would recommend accepting the best bid, and presented a copy of Resolution #927.