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Mounds View City Council May 22, 2006 <br />Regular Meeting Page 30 <br /> <br />Finance Director Beer explained the IRS could find there is some liability including fines and/or 1 <br />payment of the tax if it is found that the City incorrectly reported the income. City Administrator 2 <br />Ulrich stated those issues will be worked out by the City Attorney. 3 <br /> 4 <br /> Ayes – 4 Nays – 1 (Stigney) Motion carried. 5 <br /> 6 <br />12. Next Council Work Session: Monday, June 5, 2006, at 7 p.m. 7 <br />Next Council Meeting: Monday, June 12, 2006, at 7 p.m. 8 <br /> 9 <br />13. ADJOURNMENT 10 <br /> 11 <br />The meeting was adjourned at 10:48 p.m. 12 <br /> 13 <br />Transcribed by: 14 <br />Carla Wirth 15 <br />TimeSaver Off Site Secretarial, Inc. 16