Minutes - 2002/05/28 - Laserfiche WebLink

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Mounds View City Council May 28, 2002 Regular Meeting Page 8 • Director Ericson indicated this matter was discussed at the work session where it was determined that trailways were an appropriate use of park dedication funds. Mayor Sonterre clarified that Council expended $50,000 for the Hillview shelter. He then noted the amount Staff is seeking is an amount not to exceed $6,000. He further suggested that Council consider using $6,000 from the payment to be received from the billboard. Council Member Stigney suggested a friendly amendment to the motion to change the language to TIF funds rather than park dedication funds. Director Ericson indicated that if Council wishes to use TIF funds the Resolution is not needed because the EDA previously approved the expenditure. City Attorney Riggs indicated the Resolution could be denied or rescinded. Council Member Stigney withdrew his amendment to the Resolution. Council Member Marty indicated he would like to look into using the funds from the billboard. Council Member Stigney indicated the impact on the TIF fund would be much less than the . impact on the $50,000 from the billboard. Mayor Sonterre asked if there would be enough time for Council to discuss this matter at an upcoming work session. Director Ericson indicated that there would be time to determine the method of payment but noted the trailway would be constructed and payment would be required. Council Member Stigney asked if the billboard money was going to the general fund. Finance Director Hansen indicated the billboard money was discussed and $7,000 was budgeted for this year which means, of the $50,000 payment, $43,000 is available. Mayor Sonterre asked Staff to be prepared to discuss the use of the $43,000 at the work session. Ayes - 0 Nays - 4 Motion failed. 7. COUNCIL BUSINESS A. Public Hearing to Consider an Off-sale Intoxicating Liquor license for Keng Young for ABC Liquor at 2840 Highway 10 NE. This item was tabled to June 10, 2002.