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Mounds View City Council February 14,2011 <br /> Regular Meeting Page 2 • <br /> Anderson, and his staff at the Mermaid Acquisition Group. Staff recommended approval of the <br /> license transfer. <br /> Mayor Flaherty opened the public hearing at 7:08 p.m. <br /> Hearing no public input,Mayor Flaherty closed the public hearing at 7:08 p.m. <br /> MOTION/SECOND: Gunn/Mueller. To Waive the Reading and Adopt Resolution 7739, <br /> Approving an On-Sale Intoxicating Liquor License Transfer from MoundsVista, Inc., (dba The <br /> Mermaid)to Mermaid Acquisition Group, Inc. at 2200 Highway 10. <br /> Mayor Flaherty welcomed the Mermaid Acquisition Group to the City of Mounds View. He <br /> questioned when the acquisition would occur and why there was a need for a management <br /> contract. Michael Anderson, President of Mermaid Acquisition Group, indicated the Mermaid <br /> was in default with the bank due to outstanding and unpaid taxes. The purchase could not be <br /> completed until those issues were resolved. Mr. Anderson indicated his organization wanted to <br /> see business continue as usual while the issues were resolved, which was the reason for the <br /> management contract. He thanked staff for working with him so diligently on the license <br /> transfers. <br /> Ayes—5 Nays—0 Motion carried. <br /> 2. Resolution 7740, Approving a Bowling and Restaurant License Transfer • <br /> from MoundsVista, Inc. (dba The Mermaid) to Mermaid Acquisition <br /> Group,Inc.at 2200 Highway 10. <br /> Assistant City Administrator Crane stated that MoundsVista, Inc. has a working relationship with <br /> Mermaid Acquisition Group and would like to make a license transfer for Bowling and <br /> Restaurant services. Staff recommended approval of the license transfer. <br /> Councilmember Mueller questioned if The Mermaid employees retained their positions with this <br /> acquisition. Michael Anderson, President of Mermaid Acquisition Group, stated staffing has not <br /> changed at the Mermaid. <br /> MOTION/SECOND: Mueller/Hull. To Waive the Reading and Adopt Resolution 7740, <br /> Approving a Bowling and Restaurant License Transfer from MoundsVista, Inc., (dba The <br /> Mermaid)to Mermaid Acquisition Group, Inc. at 2200 Highway 10. <br /> Ayes—5 Nays—0 Motion carried. <br /> B. Resolution 7734, A Resolution Concerning the Commencement of Formal <br /> renewal proceedings under the federal cable communications policy act of <br /> 1984,as amended. <br /> City Administrator Ericson indicated in October 2010, the City received correspondence from • <br />