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Mounds View City Council February 24, 2014 <br />Regular Meeting Page 8 <br />1 <br />2 Mayor Flaherty was pleased that a bill would be introduced to the Senate for the sound walls. He <br />3 questioned what this project would be attached to, to gain support. Senator Scalze recommended <br />4 the sound walls be attached to the proposed infrastructure improvements for TCAAP. Finance <br />5 Director Beer stated another alternative would be the completion of the TH610 project. <br />6 <br />7 Mayor Flaherty discussed the proposed managed lanes for I -35W. He requested comment on this <br />8 situation. Senator Scalze stated she attended the recent I -35W coalition meeting and thanked <br />9 Council Member Gunn and Council Member Meehlhause for their presence. Council Member <br />to Gunn reported the FHWA approved funding for the I -35W managed lane study and additional <br />11 information on this project would be available after this study was complete. <br />12 <br />13 Mayor Flaherty explained Mounds View, Spring Lake Park and Blaine were interested in <br />14 renaming County Road 10 to Northtown Boulevard. This was discussed with MnDOT and it was <br />15 estimated this would cost approximately $50,000. He reported the three cities came together and <br />16 agreed to this expense. However, after speaking with MnDOT again, the expense has now <br />17 increased to $400,000. He requested help on this situation. <br />18 <br />19 Council Member Meehlhause stated that when County Road H was reconstructed there would be <br />20 an opportunity for County Road 10 to be renamed. Senator Scalze agreed and understood that <br />21 the renaming would reduce confusion. <br />22 <br />23 Mayor Flaherty recommended staff forward all correspondence regarding the renaming of <br />24 County Road 10 be forwarded to Senator Scalze. He thanked Senator Scalze for her report. <br />25 <br />26 B. Reports of Staff. <br />27 1. Finance Department Quarterly Report <br />28 <br />29 Finance Director Beer reviewed the 2013 4a' Quarter report with the Council. He explained the <br />3o audit would culminate this information once completed. He indicated the General Fund took in <br />31 more than was anticipated. Operations taking place at the Community Center were discussed and <br />32 he hoped to see revenues even out in 2014. <br />33 <br />34 Finance Director Beer explained that TIF Districts 2 and 3 would be drawing down in 2014 and <br />35 2015. He provided comment on the utility fund balances noting rate increases may be proposed <br />36 for next year. He discussed how interest rates fluctuated in 2013, and was pleased to report that <br />37 the unemployment rate has continued to decline. <br />38 <br />39 Finance Director Beer anticipated that residents would be able to pay for their utility bills online <br />40 in 2014 and software upgrades were being sought after for the City's system. <br />41 <br />42 Mayor Flaherty thanked Finance Director Beer for the thorough report. <br />43 <br />44 Council Member Mueller and Council Member Meehlhause agreed. <br />45 <br />