Agenda Packets - 2003/02/10 - Laserfiche WebLink

Home Browse Search

Mounds View City Council January 27, 2003 Regular Meeting Page 12 Council Member Stigney indicated he did not think the equipment would handle what Mr. 1 Bradley was asking for and asked that the contractor verify in writing that the system to be 2 installed will do what Mr. Bradley has proposed. 3 4 MOTION/SECOND: Marty/Stigney. To Table Resolution 5927 for Further Information. 5 6 Ayes – 5 Nays – 0 Motion carried. 7 8 G. Finance Department Quarterly Report 9 10 Mayor Linke indicated there was a lot of information in the report and said he would need more 11 time to review it before asking questions. 12 13 Council Member Marty indicated that if MSA reimbursement had not been sought he would like 14 to ask Staff to do so. 15 16 Finance Director Hansen indicated that the fund had a positive balance at the end of 1999 but 17 reimbursements have not been sought in recent years and the account will have a cash deficit. He 18 then indicated that Staff has been working with SEH in an attempt to seek reimbursement. 19 20 Mayor Linke commented that he feels SEH should be told that unless they begin seeking 21 reimbursements payments to them would be withheld. 22 23 Public Works Director Lee indicated he related that information to them. 24 25 Council Member Marty commented he wants the reimbursement sought immediately so that the 26 funds are not lost with the current state budget issues. 27 28 Finance Director Hansen indicated the financial report for year-end is very preliminary and more 29 numbers will be coming in. He then said that it appears there will be a surplus in the general 30 fund to be used toward offsetting the proposed cuts to cities. 31 32 Finance Director Hansen indicated the City needed to work on a long range financial plan and 33 said that Bob Thistle of Springsted has offered to come and make presentations on the issuance 34 of debt and long range financial planning. He then indicated that the presentations would be 35 about an hour and a half long. 36 37 Council asked Staff to schedule the presentations on a night with a light agenda. 38 39 Council Member Marty pointed out that the amount actually paid for City Council salaries was 40 higher than what was budgeted and asked why. 41 42 Finance Director Hansen indicated he would need to conduct some research into the matter as it 43 appears that something was inappropriately charged to the account. 44 45