Laserfiche WebLink
Mounds View City Council October 25, 2010 <br /> Regular Meeting Page 11 <br /> Ayes 5 Nays 0 Motion carried. <br /> B. October 11, 2010, Executive Session Minutes. <br /> MOTION /SECOND: Flaherty/Hull. To Approve the October 11, 2010, Executive Session <br /> meeting minutes as corrected. <br /> Ayes 5 Nays 0 Motion carried. <br /> 11. REPORTS <br /> A. Reports of Mayor and Council. <br /> Council Member Mueller asked that all residents be safe this weekend with Trick or Treater's <br /> walking the streets this Sunday. She encouraged all to attend the Pinewood parade on Friday <br /> afternoon, along with other events planned by local churches. <br /> Council Member Mueller indicated the Mounds View Festival in the Park Committee was <br /> seeking volunteers to assist with planning next year's event, scheduled for August 20, 2011. She <br /> explained the Committee meets at City Hall on the third Tuesday of the month at 7:00 p.m. <br /> Mayor Flaherty updated the Council on the TCAAP property. The GSA has had two bidder's <br /> conferences and was now compiling an invitation for bid. He indicated he would keep the public <br /> posted on when the auction was scheduled to take place. <br /> Mayor Flaherty stated Si Simon of Simon's Sporting Goods Shop passed away last week at the <br /> age of 87. The Council sends their condolences to his family and thanks him for his many <br /> contributions to the City of Mounds View. <br /> City Administrator Ericson added that Alice Frits passed away this past week. The Council <br /> sends their condolences to her family as well. <br /> B. Reports of Staff. <br /> 1. Finance Quarterly Report <br /> Finance Director Beer reviewed the quarterly financial report with the Council in detail. He <br /> explained revenues were down in the general fund for 2010, in a large part due to the reduction in <br /> local government aid. The Community Center Fund has a deficit of $66,000, but payments <br /> would be made into this fund in the fourth quarter. Rental revenues were down, but a new client <br /> has signed on for rental services. Investments were gaining little interest at this time, but <br /> inflation was remaining low. <br /> Finance Director Beer indicated the Finance Department would be working on the 2011 budget <br /> for the Truth in Taxation meeting scheduled for December 6, 2010 at 6:00 p.m. and continued to <br /> December 13, 2010 at which time the Council will need to adopt the budget and tax levy. <br />