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2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />29 <br />30 <br />31 <br />32 <br />33 <br />34 <br />35 <br />36 <br />37 <br />38 <br />39 <br />40 <br />41 <br />42 <br />43 <br />44 <br />45 <br />46 <br />Mounds View City Council April 10, 2023 <br />Regular Meeting Page 4 <br />SBM Fire Chief Retka provided the Council with a quarterly report from the SBM Fire <br />Department. He discussed a recent structure fire that occurred on Groveland Road and noted the <br />number of structure fires was on the rise. He commented on how the fire department would be <br />focusing heavily on fire prevention and noted they would be working with the business community <br />and school districts. He provided further information on staffing within the fire department noting <br />his staff has been cut in half. He explained calls for service were on the rise and his crews were <br />overburdened. He commented on how the pay for firefighters was being reconsidered, along with <br />transitioning to duty crews in 2024. He thanked the City of Mounds View for their continued <br />support. <br />Council Member Gunn thanked Fire Chief Retka for his presentation to the City Council. <br />Council Member Lindstrom thanked the SBM Fire Department for their great work during the <br />recent structure fire. <br />C. Arbor Day Proclamation (Public Works). <br />Acting Mayor Meehlhause read a proclamation in full for the record declaring Saturday, April 22 <br />to be Earth Day and Friday, April 28 to be Arbor Day in the City of Mounds View. <br />8. COUNCIL BUSINESS <br />A. Public Hearing: Resolution 9728, Authorizing the Issuance, Sale and Delivery <br />of its Conduit Multifamily Housing Revenue Bonds for the Sherman Forbes <br />Project; Adopting a Housing Program; Authorizing the Execution and <br />Delivery of the Bonds and Related Documents; Providing for the Security, <br />Rights and Remedies with Respect to the Bonds; and Granting Approval for <br />Certain Other Actions with Respect Thereto. <br />Finance Director Beer requested the Council authorize the issuance, sale and delivery of conduit <br />multifamily housing revenue bonds for the Sherman Forbes Project, adopting a housing program, <br />and authorizing the execution and delivery of the bonds. He explained preliminary approval for <br />these bonds of up to $18 million were approved under Resolution 9651. He stated the conduit debt <br />would generate a fee of 1 % for the City. He reported the City would have no obligation to these <br />bonds, but rather that would fall to the borrower. Staff commented further on the request and <br />recommended the Council hold a public hearing and authorize the issuance of the bonds. <br />Council Member Lindstrom asked what fee would be generated from the bonds for the City. <br />Finance Director Beer reported the City would generate approximately $158,000. <br />Acting Mayor Meehlhause opened the public hearing at 7:16 p.m. <br />Hearing no public input, Acting Mayor Meehlhause closed the public hearing at 7:17 p.m. <br />MOTION/SECOND: Gunn/Lindstrom. To Waive the Reading and Adopt Resolution 9728, <br />Authorizing the Issuance, Sale and Delivery of its Conduit Multifamily Housing Revenue Bonds <br />