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Mounds View City Council <br />December 14, 1998 <br />Page 4 <br />MOTION/SECOND: Quick/Koopmeiners moved approval and waive the reading of Ordinance <br />No. 623, Authorizing the City Council of the City of Mounds View to set water and waste water <br />rates and surcharges effective with the January 1999 Billings. <br />ROLL CALL VOTE: Gunn, Quick, Stigney, Koopmeiners, and Mayor McCarty voting "aye" <br />The motion carried. <br />B. Public Hearing and second reading of Ordinance No. 624, An Ordinance Adopting the <br />1998 Long Term Financial Plan. <br />1. Public Hearing <br />2. Second Reading <br />3. Consider Motion Adopting <br />Mayor McCarty closed the City Council meeting and opened the public hearing. <br />No public comments were considered. Mayor McCarty closed the public hearing and reopened <br />the City Council meeting. <br />MOTION/SECOND: Koopmeiner/Quick moved approval and waived the reading of Ordinance <br />No. 624, An Ordinance Adopting the 1998 Long Term Financial Plan. <br />Discussion: Stigney told the Council he had "concerns with some of the content of this Long <br />Term Financial Plan, and therefore, by adopting it, what does this mean?" Mayor McCarty told <br />Stigney by adopting the Long Term Financial Plan he would be approving it. Whiting told the <br />Council by adopting the Long Term Plan it is approved for aone-year period because the budget <br />process is repeated on a yearly basis. Mayor McCarty said the Long Term Budget is a five-year <br />plan but it can be amended from year to year to better fit the needs of the City. <br />ROLL CALL VOTE: Quick, Koopmeiners, Gunn, Mayor McCarty voted "aye", Stigney voted <br />~~ ~~ <br />nay. <br />The motion carried. <br />C. Consideration of Ordinance No. 622, An Ordinance implementing a Franchise Fee on <br />Electric and Natural Gas utility companies for the Operation of the Utility within the City <br />of Mounds View. <br />Mayor McCarty asked the Council for their permission to discuss Item C., the above, after Item <br />