Agenda Packets - 2004/08/23 - Laserfiche WebLink

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Mounds View City Council August 9, 2004 Regular Meeting Page 15 Council Member Marty stated the Festival in the Park Golf Tournament is this coming Saturday, 1 and there are still some tee times open. He stated there will be various prizes for that event. 2 3 Council Member Stigney asked what happened regarding the resolution to remove a Commission 4 member from the Planning Commission, and Director Ericson stated that a 4/5ths majority vote 5 would be needed, and after speaking with the Council members and the City Attorney, the 6 direction was that the removal of the Commission member was not warranted. Director Ericson 7 stated the Bylaws of the Planning Commission would be examined and possibly changed to 8 direct the Commissioner members in what forum they should make public comments. 9 10 Council Member Stigney asked what happened to the inventory he had requested of the 11 equipment at the Community Center, and specifically the issue about the microphones. 12 13 City Clerk/Administrator Ulrich stated he thought Steve was going to do an inventory, but he 14 would have to check and get back to the Council on that issue. 15 16 Council Member Gunn stated there will be a 5K run for Festival in the Park on August 22nd. She 17 stated there would be a pancake breakfast from 8:00 to 11:00 in the Park. She stated the Teddy 18 Bear Band would play at noon. She stated there will be an art show, and there will be a band 19 playing from 4:00 to 6:00. She stated there will be a parade at 3:00, and there will be fireworks 20 at night with a band playing. 21 22 B. Reports of Staff 23 24 1. Finance Quarterly Report 25 26 Mayor Linke asked the Finance Director to expound on the bond rating. 27 28 Finance Director Hansen stated that the City’s bond rating had been changed from A2 to A1, 29 which is a good affirmation of the City’s financial condition, the result being the bond buyers are 30 willing to offer the City better prices. He stated the savings will reduce the tax levy that has been 31 levied over the next ten years to repay the bonds. 32 33 Mayor Linke thanked Finance Director Hansen and his staff for the good guidance and making 34 the right decisions involved in that, and stated it showed staff had the City’s best interests in their 35 hearts. 36 37 Mayor Linke asked the Finance Director if he had any statements to make regarding the 38 Quarterly Report. 39 40 Finance Director Hansen stated the operations in the General Fund and other funds are tracking 41 on budget this year. He stated building permits are down for the first half of this year compared 42 to last year. He stated there were no large projects, but there are a couple of big projects that will 43 go forward in the second half of the year. 44 45