Agenda Packets - 2017/06/12 - Laserfiche WebLink

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Mounds View City Council May 22, 2017 Regular Meeting Page 3 View Pond. Finance Director Beer reviewed the City’s proposed plan and noted this pond would 1 be dredged when 50% full of sediment. He estimated this would occur sometime after 2020. 2 3 Council Member Meehlhause asked if the proposed bonds would be paid back through increased 4 utility rates. Finance Director Beer reported this was the case and noted the City would be 5 bonding for 10 years. 6 7 MOTION/SECOND: Gunn/Meehlhause. To Waive the Reading and Adopt Resolution 8756, 8 Adopting a Five Year Financial Plan for 2018 through 2022. 9 10 Ayes – 4 Nays – 0 Motion carried. 11 12 C. Resolution 8755, Accepting Bids and Awarding Contract for 2017 Sewer 13 Rehabilitation Project. 14 15 Public Works Director Erickson requested the Council accept bids and award a contract for the 16 2017 Sewer Rehabilitation Project, with a 10% contingency. He explained this project was 17 completed in house and was advertised per State Statute. It was noted this project was included 18 in the 2017 budget. Staff reported bids were submitted for this project and the low bid was 19 received by Insituform out of White Bear Lake. 20 21 Council Member Meehlhause asked where the sewer rehabilitation project would take place this 22 year. Public Works Director Erickson provided a brief description on the areas of the City that 23 would be worked on. 24 25 MOTION/SECOND: Meehlhause/Bergeron. To Waive the Reading and Adopt Resolution 26 8755, Accepting Bids and Awarding Contract for 2017 Sewer Rehabilitation Project. 27 28 Ayes – 4 Nays – 0 Motion carried. 29 30 Mayor Mueller recessed the City Council meeting to an EDA meeting at 6:51 p.m. 31 32 Mayor Mueller reconvened the City Council meeting at 7:17 p.m. 33 34 D. Resolution 8759, MWF Properties Purchase Option Agreement of Tax 35 Forfeited Parcels. 36 37 City Administrator Ericson requested the Council approve a Purchase Option Agreement for tax 38 forfeited parcels with MWF Properties. He explained MWF Properties was proposing to 39 construct a 60-unit workforce apartment complex with housing tax credits located on Mounds 40 View Boulevard and Groveland Road. It was noted two of the parcels within the project area 41 were tax forfeited. He described how the City, County and developer were working together on 42 this project. Staff provided the Council with the most recent document for their consideration 43 and explained the EDA had adopted a Resolution approving the Purchase Option Agreement. 44 45