Laserfiche WebLink
Mounds View City Council May 23, 2011 <br />Regular Meeting Page 9 <br /> <br />Finance Director Beer noted the Community Center would need to be reroofed in 2012, along <br />with other improvements to the parking lot. He suggested the Council consider how these <br />improvements should be funded. <br /> <br />Mayor Flaherty suggested the funds be left in the Special Revenue Fund. The Council was in <br />agreement. <br /> <br />Council Member Stigney questioned if it was a necessity to replace the roof in 2012. Public <br />Works Director DeBar stated the roof management plan recommended Community Center roof <br />replacement in 2012 as the membrane roof had only a 10 year warranty. He anticipated the <br />expense would be less than the projected $250,000. <br /> <br />Mayor Flaherty was in favor of following the roof management replacement plan as he did not <br />want to see additional projects completed in the same year. <br /> <br />Finance Director Beer reviewed the 2012 budget timeline, explaining that changes could still be <br />made to the financial plan. He then reviewed the projected cash flows for the capital <br />improvement funds. <br /> <br />Council Member Mueller asked what capital improvement projects would be bonded for in 2015. <br />Finance Director Beer indicated this would be for the demolition/facility design for the new <br />public works building. He stated other funding sources may be available at that time. <br /> <br />Finance Director Beer then reviewed the projected water and sewer rates. He noted these rates <br />would be incrementally increasing due to the water tower rehabilitation this year. The slight <br />increases would stabilize the fund over time. Staff noted the use of infiltration basins has greatly <br />reduced the City’s storm water expenses. <br /> <br />Mayor Flaherty opened the public hearing at 9:21 p.m. <br /> <br />Hearing no public input, Mayor Flaherty closed the public hearing at 9:21 p.m. <br /> <br />MOTION/SECOND: Mueller/Hull. To Waive the Reading and Adopt Resolution 7795, <br />Adopting a Five Year Financial Plan for 2012 through 2016 with a summary posted in the <br />newspaper. <br /> <br /> Ayes – 5 Nays – 0 Motion carried. <br /> <br />M. Resolution 7796, Approving a Construction Contract with Muska Electric <br />Company for the 2011 Electrical Modifications for Well No. 2 Motor <br />Conversion Project. <br /> <br />Public Works Director DeBar stated Well No. 2 was originally constructed in 1962 with a natural <br />gas engine. This varies from the rest of the wells in the City and creates water spikes at times. <br />Instead of replacing the well, Staff recommended converting the motor to an electric model. The