Agenda Packets - 2005/11/14 - Laserfiche WebLink

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Mounds View City Council October 24, 2005 Regular Meeting Page 7 1 City Administrator Ulrich stated that this resolution approves the terms of the bond sale for the 2 joint Spring Lake Park-Blaine-Mounds View Fire Department. As part of the agreement, the 3 cities have agreed to build and equip a fire station in Blaine to replace two fire stations that are 4 currently operating and would be removed from service. The resolution asks the City to approve 5 the issuance of the bonds and affirm its obligation under the joint powers agreement to pay its 6 proportionate share, which is 17% of the debt service on the bond. This has been provided for in 7 the City’s 2006 budget and will be provided for in future budgets. Final action would be to 8 approve the resolution as amended in the total dollar value by the Blaine Council. He introduced 9 Bob Thistle, Springsted, who is the City’s financial consultant. 10 11 Bob Thistle, Springsted, stated the action the Council is being asked to take is to authorize the 12 issuance of bonds for the Spring Lake Park-Blaine-Mounds View Fire Department station and 13 equipment. The resolution would authorize Blaine to issue the bonds. They are proposing to sell 14 the bonds on November 17 and report the results to the Blaine City Council that evening. Mr. 15 Thistle advised that the Blaine Council took action on Thursday evening authorizing to proceed 16 with the sale and to reduced the principal from $8,400,000 to $8,050,000 by removing the 17 command vehicle from that action. He advised the Mounds View Council has the choice to 18 leave the amount at $8,400,000 or reduce it to $8,050,000. 19 20 Mayor Marty asked the Fire Chief why the command vehicle was removed. Fire Chief Zikmund 21 explained that none of the staff had prior knowledge to why it was removed. He stated he 22 thought it would come back for further discussion but it was in their purview to make that 23 decision. 24 25 Mayor Marty stated he felt a command vehicle would be very beneficial to the community should 26 there be a catastrophic event such as a tornado that could result in the loss of life. He stated that 27 is one reason he has been in support of the command vehicle. 28 29 Fire Chief Zikmund agreed and stated it is his professional opinion that it is a critical piece of 30 equipment that the Fire Department needs and is the first piece of new additional equipment he 31 has recommended while the Fire Chief. He advised that the Blaine motion indicated the Council 32 was not opposed but felt the timing was not right and it may be considered next year. 33 34 Councilmember Thomas reviewed that the Council had a significant discussion about the 35 proposal and it was decided the Council would support the Blaine Council if they chose to reduce 36 the dollar amount. That was specifically discussed with bid alternates and gave Blaine the ability 37 to cut things out if they wanted to make cuts. It was also determined that Mounds View would 38 support the Blaine Council in their decision. She stated she will not back down from that prior 39 decision and will support the Blaine Council in their decision. 40 41 Councilmember Stigney stated his agreement. 42 43 Mayor Marty noted the Spring Lake Park Council supported the command vehicle and he was 44 under the impression that if Blaine wanted to make a cut it might be to reduce the command 45