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Mounds View City Council September 22, 2008 <br />Regular Meeting Page 2 <br /> <br />Finance Director Beer indicated that there was a transfer of $248,000 from the levy reduction 1 <br />fund. 2 <br /> 3 <br />Mr. Glidden asked whether reduction in property values will affect the budget. 4 <br /> 5 <br />Finance Director Beer indicated that the impact shows up in 2010 as the 2009 market value has 6 <br />already been sent. 7 <br /> 8 <br />Dan Mueller of 8343 Groveland Road noted that at one of the last meetings the franchise fee was 9 <br />reduced by .25%. He then said that he understood that the money goes to roads and it goes to 10 <br />public safety and he would like to know why some voted not to reduce and some voted to reduce 11 <br />franchise fees. 12 <br /> 13 <br />Mayor Marty indicated that, in 2005, the City came into money when the golf course was sold, 14 <br />and he wanted to use that as a starting point to start reducing the franchise fee but that did not go 15 <br />anywhere. He then said that he has been approached regarding the franchise fee and, he feels, 16 <br />that it is time to reduce the franchise fee, even if slightly. 17 <br /> 18 <br />Mr. Mueller indicated that residents are expecting that their streets are going to be fixed and it 19 <br />concerns him that the franchise fee was reduced because that was to be one of the funding 20 <br />sources for the roads. 21 <br /> 22 <br />Mr. Mueller said that he would present a check in the amount of $4.56 to the City to contribute 23 <br />toward the road project with his franchise fee savings. 24 <br /> 25 <br />Mayor Marty indicated that the franchise fee was reduced by .25% which is approximately 26 <br />$39,000., annually. Half of the franchise fee goes toward streets and the other half goes into the 27 <br />general fund to assist with funding the operations of the City. 28 <br /> 29 <br />Council Member Stigney said that the biggest benefactor of the franchise reduction is Medtronic. 30 <br /> 31 <br />6. SPECIAL ORDER OF BUSINESS 32 <br /> 33 <br />A. Award to Steven Petty – Mayor’s Choice Award – Car Show 34 <br /> 35 <br />Mayor Marty presented an award to Steven Petty for the Mayor’s Choice at the Festival in the 36 <br />Park Car Show. 37 <br /> 38 <br />B. Constitution Week Sept 17 – 23 Reminder 39 <br /> 40 <br />Mayor Marty announced Constitution Week September 17 – 23, 2008. 41 <br /> 42 <br />7. COUNCIL BUSINESS 43 <br />A. 7:05pm Public Hearing to Consider a Major Subdivision and PUD 44