11-28-2005 CC - Laserfiche WebLink

Home Browse Search

Mounds View City Council November 14, 2005 Regular Meeting Page 14 H. Resolution 6659 Calling for Redemption of Outstanding Gross Revenue Golf 1 Course Bonds, Series 1994A, Dated January 1, 1994 2 3 Finance Director Beer explained that as a result of the conveyance of the golf course property to 4 Medtronic, Inc. for private development, the City has sufficient resources to call the outstanding 5 golf course bonds. He recommended approval of Resolution 6659 calling the redemption of 6 outstanding gross revenue golf course bonds, series 1994A, dated January 1, 1994. 7 8 Mayor Marty asked if it will remain in one fund until a future date. Finance Director Beer 9 answered in the affirmative. 10 11 MOTION/SECOND: Thomas/Stigney. To waive the reading and adopt Resolution 6659 Calling 12 for Redemption of Outstanding Gross Revenue Golf Course Bonds, Series 1994A, Dated January 13 1, 1994. 14 15 Ayes-5 Nays-0 Motion carried. 16 17 Director Ericson advised that Mr. McCombs from Medtronic would like to say a few words. 18 19 Roger McCombs, Vice President of Medtronic, stated he wanted to publicly acknowledge the 20 Council’s hard work and dedication through this process to allow their CRM business to expand 21 in Mounds View. He stated this was an important decision for both the City and Medtronic and 22 the process has gone through a robust process of input, discussion, and decision. He stated he 23 believes both will look back on this decision and be positive about it. Mr. McCombs stated he 24 looks forward to a positive relationship with the City, that Medtronic will continue to grow, it 25 will be a long relationship, and Medtronic looks forward to it. 26 27 Mr. McCombs invited the Council to the groundbreaking ceremony on December 7, 2005 at 1 28 p.m. and again thanked the Council for the service they have done for Mounds View. 29 30 8. CONSENT AGENDA 31 32 Councilmember Stigney asked to remove Item 8K. Councilmember Flaherty asked to remove 33 Item 8F. Mayor Marty asked to remove Items 8B and 8G. 34 35 A. Resolution 6669 Authorizing the Execution of the 2005 Oak Wilt Grant 36 Agreement with the State of Minnesota 37 B. Resolution 6670 Approving the Purchase of a Skidsteer Fork Grapple 38 Attachment 39 C. Resolution Number 6672 Electing to Retain the Statutory Tort Limit on 40 Liability for the 2006 Insurance Policies 41 D. Resolution 6656 to Terminate the Public Works Garage Facility Policy and 42 strike it from the Personnel Manual 43 E. Resolution 6668 Appointing MMKR to Provide Auditing Services for the 44 Year Ended December 31, 2005 45