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Page 6 UNAPPROVED <br /> August 24, 1998 <br /> Mounds View City Council <br /> approval of the Development Review. <br /> No letters of opposition to the project had been received by the City. <br /> McCarty asked Ericson to tell the Council specifically what they would be approving or <br /> disapproving under this Development Review. <br /> Ericson told the Council they would be approving setbacks,the building itself, landscape and <br /> architectural criteria. No action would be taken on the use itself But, rather,the site plan is <br /> being considered as to whether it meets the zoning criteria. <br /> MOTION/SECOND: Quick/Koopmeiners to approve Resolution No. 5262, a Resolution <br /> Approving a Development Review Requested by SYSCO Foods to expand their Food <br /> Distribution and Warehouse Facility Located at 2400 County Road J. <br /> VOTE: Ayes - 5 Nays - 0 Motion carried <br /> B. Consider Resolution No. 5259, Retaining Financial Management, Inc., as the City's <br /> Financial Advisory Consultant. <br /> MOTION/SECOND: Quick/Koopmeiners to approve Resolution No. 5259 Retaining Public <br /> Financial Management, Inc., as the City's Financial Advisory Consultant. <br /> Stigney stated by approving the use of Financial Management Inc., as the City's financial <br /> advisory consultant it appeared as if the Mermaid Project was going ahead "full tilt", going out <br /> for bonding of$1.7 million. If this occurred it also would mean that the City would incur the <br /> $550,000 cost in relocating the Rent All business located on the corner of County Road H and <br /> Highway 10. He stated the citizens of Mounds View are not aware of these developments. <br /> Because of this fact, Stigney suggested holding off on approving Resolution No. 5259. <br /> McCarty stated the Resolution recognized assignment of a financial management firm for the <br /> City. There was no reference to the Mermaid or any other project. The Resolution sets forth fee <br /> schedules to be applied to the retaining of the financial management firm. <br /> Stigney stated there is no need to go out and ask an outside consultant to come in and look at, <br /> and start paying him to do this issue, if they City is only considering the bonding issue. <br /> McCarty reiterated the fact that the City is not authorizing the financial manager to do any <br /> project. It assigns, it authorizes staff to deal with a specific firm as the City's financial advisor, it <br /> does nothing more. The Mayor asked Stigney to stop pandering to the unfounded fears of the <br />