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r . <br /> • Page 7 <br /> October 29, 1996 <br /> Mounds View City Council <br /> Ms. Sheldon stated she has been working with the City Attorney to determine whether or not the city can <br /> use the existing housing code in the mobile home parks. <br /> Mr.Kessell provided additional information in regard to the city's 1997 debt service activity. He also <br /> talked about the impact that the changes would have on the average homeowner in Mounds View. <br /> Ms.Hankner noted that the Council undertook two major projects within the last year(Bel Rae property <br /> and the pedestrian bridge). The funds for the pedestrian bridge were actually allocated last year,and she <br /> wondered if this would be carried over. <br /> Mr.Kessell explained that the city set up a fund for the bridge and those funds have not been spent so they <br /> have been carried over as an anticipated expenditure for 1997. <br /> Ms.Hankner stated she felt the city should be anticipating expenditures in the budget relative to operating <br /> and making capital investments for the Bel Rae facility. <br /> Mr.Kessell explained that this was included within the General Fund. <br /> Ms.Hankner stated if the city does not reflect any kind of direction in the budget for capital investment on <br /> the Bel Rae,she wondered if the city would automatically use Tax Increment Financing funds. <br /> Mayor Linke explained that these issues will all be discussed at the next work session. <br /> Duane McCarty, 8050 Long Lake Road,asked what types of activities are allowed under the Tax <br /> Increment laws for the use of excess TIF funds. <br /> Mr.Whiting stated staff has been looking into this. Improvements to be made on the site are generally <br /> accepted expenditures for TIF. They are also looking at other options which may be available for the use <br /> of the TIF funds. <br /> REPORTS: <br /> Report of Council members: <br /> Trude: Ms.Trude noted that she had attended the Halloween Party which was attended by approximately <br /> 300 children and their parents. She thanked those who worked in making it such a success. <br /> Hankner: No report. <br /> Blanchard: No report. <br /> Quick: No report. <br /> Report of Mayor Linke: No report. <br /> S <br />