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Mounds View City Council July 24, 2006 Regular Meeting Page 5 Mayor Marty closed the public hearing at 7:29 p.m. 1 2 Councilmember Flaherty commented that the five-year plan is a good foundation but that it can 3 change year to year. He stated the important thing is that there is a 0% levy increase for 2007. 4 He added that the Council would maintain the 0% as long as possible and commended Finance 5 Director Beer for the plan. 6 7 Mayor Marty stated the City is creating a vision. He stated that some things in the plan can and 8 will change, but the City needs a plan as a foundation. He stated that it was a well-done report. 9 10 Councilmember Stigney asked about the ordinance that is before the Council and if 2006 is the 11 first year of adoption, or if it will be the first part of the five-year plan. Finance Director Beer 12 stated the wording is following other ordinances. He stated it is the 2006 version of the plan and 13 it includes additional years. 14 15 Councilmember Stigney stated the language is ambiguous. He stated he is not in favor of 3% 16 levy increase in subsequent years and he is in favor of using the Medtronic levy decrease until it 17 is gone. He stated that he believed TIF would be the funding source for maintenance of County 18 10. He noted bonding was indicated as a funding source in the report and questioned why City 19 bonds were included in the plan. Finance Director Beer responded that the report should read 20 TIF and not bonding. 21 22 Councilmember Stigney stated he couldn’t support the plan because he does not support the 23 expenditures of 2008-2011. Mayor Marty responded that it is the Council’s responsibility to 24 reassess the priorities and determine what is necessary in the City. He stated the report is a 25 framework based on the City’s needs. 26 27 Councilmember Stigney stated his problem is the list about what should be done. He stated 28 adopting the 5-year plan means that every project listed must be considered. 29 30 Mayor Marty stated the Council’s goal is to maintain a 0% levy increase for the following years, 31 not just 2007, with 0% as long as the Council can maintain the levy reduction fund. He stated it 32 is the Council’s responsibility to guard the levy reduction fund and only use it to keep the annual 33 levy at 0%. 34 35 MOTION/SECOND: THOMAS/GUNN. To waive the reading and adopt the first reading of 36 Ordinance 776, an Ordinance adopting the Five Year Financial Plan. 37 38 Ayes – 4 Nays – 1 (Stigney) Motion carried. 39 40 B. 7:10 pm - Public Hearing, Introduction and First Reading of Ordinance 777, 41 an Ordinance Approving a Partial Drainage and Utility Easement Vacation 42 Associated with Lot 5, Hidden Hollow, Requested by Dave Regal Builders. 43 44 Director Ericson stated this is one of the last remaining lots to be developed in the Hidden 45