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Mounds View City Council <br />~egular Meeting <br />Page Four <br />May 24, 1993 <br />disaster in the past due to heavy mud and persons becoming stuck in the <br />lot. Saarion further reported that she inquired about having the <br />parking lot paved at the same time as the contractor will be completing <br />other driveway jobs for homeowners living on Long Lake Road. The <br />contractor doing the paving jobs has offered the City a very good price <br />for paving of the Random Parking Lot. The cost for the paving of the <br />lot would be $4,000 and Saarion is asking for Contingency Funds to be <br />used to pave Random Park parking lot. <br />MOTION/SECOND: Quick/Rickaby to Approve the Use of Contingency Funds <br />at a Cost Not to Exceed $4.,000 for the Paving of Random Park Parking <br />Lot <br />Councilmember Quick commented that Silver View Park parking lot and <br />basketball court was completed similarly in conjunction with work <br />being accomplished on County Road I, benefiting from lower prices using <br />the paving contractor for the County Road I project. <br />Alice Frits, 8072 Long Lake Road, questioned this amount of money being. <br />taken from the Contingency Fund as the fund balance is down to <br />approximately $12,000 after the Council pulled $20,000 out of this <br />fund for the Visioning Process. <br />. Mayor Linke stated that there is approximately $32,000 in the <br />Contingency Fund and that the Contingency Fund is set up for this <br />type of spending. <br />Bill Frits, 8072 Long Lake Road, asked again about the $20,000 being <br />taken out of the Contingency Fund for the Visioning process. <br />Samantha Orduno, City Administrator, responded to the question by <br />stating that the funds for the Visioning Process were taken out of the <br />Fund Balance which used to be called Reserves. Orduno invited Mr. <br />Frits to come into the office and she would explain all expenditures <br />and fund balances to him. <br />Mr. Frits stated that perhaps it is time for an audit to find out if <br />the City has money or not. Mr. Frits stated that some type of report <br />should be given to the citizens with regard to the financial state <br />of the City. <br />Mayor Linke stated that just prior to this meeting the City Council <br />had met with the auditors and went over all of the funds through the <br />end of 1992. <br />Orduno stated that information was in the newsletter regarding the <br />availability of the auditor's report and-that there are public copies <br />. available at City Hall which can be loaned out to residents as well <br />as copies in City Hall that could be read here and that she would be <br />happy to respond to any questions that one might have while reviewing <br />