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Mounds View City Council July 9, 1984 Regular Meeting Page Six favor of tabling the item, as he does not feel the stop signs are needed. Councilmember Blanchard stated she would like a traffic count done of the area. Mayor McCarty stated he would rather deny the placement of the stop -sign, and have the Police Department take action against the speeders. Councilmember }iankner stated she was in favor of tabling, as there are still a number of things to be checked out. Mayor McCarty closed the regular meeting and opened the next public hearing at 8:44 PM. Clerk /Administrator Pauley reviewed the changes to proposed Resolution No. 1766. Mayor McCarty asked if the City would be liable if an error was made in designing the project. Clerk/ Administrator Pauley replied the City does have insurance coverage. The Council discussed the merits of getting involved in something of this nature. Mayor McCarty closed the public hearing at 8:48 PM and reopened the regular meeting. Motion /Second: Linke /Doty to approve Resolution No. 1766 and waive the reading. 5 ayes 0 nays Mayor McCarty closed the regular meeting and opened the next public hearing at 8 :50 PM. Motion /Second: McCarty /Doty to approve Resolution No. 1765 and waive the reading, with the following amendment, that in the final be it further resolved. that the security approved by the City be in an amount equal to five years payment of the assess- ments, rather than 3 years, and add another be it further resolved, with the City having the option to reduce the security by 20% for the taxes and assessments, as the work is completed. 5 ayes 0 nays The representative for Mr. Beim stated he would discuss the motion with Mr. Beim, and they would be meeting with Mr. Rose and Mr. Thatcher on July 11. 6B. Consideration o Petition for Public Improve- ments for Gale/ Yost Addn. Motion Carried 6C. Public Hearing Consideration of Improvements for Pinecrest Pro- perties Motion Carried