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Mounds View City Council January 24, 2005 <br />Regular Meeting Page 22 <br />• <br />• <br />bonded for H2. He stated he thought they just started bonding for the street project this last <br />summer. <br />Finance Director Hanson stated that there had been a balance of a little more than $200,000 <br />worth of special assessments that were outstanding from the H2 project, and when the H2 project <br />was done, a resolution was passed which was called a Declaration of Intent, and so the option of <br />bonding for the H2 project was out there all along, but it wasn't financially viable to do a <br />$200,000 bond. He stated they had waited until there was a larger project, and then wrapped that <br />in. <br />Mayor Marty noted that Finance Director Hanson had stated that the M.S.A. Fund had received a <br />$150,000 reimbursement from the State, and that more was expected. He asked if these were <br />funds they were entitled to in the past, and if it was just starting to come in. <br />Finance Director Hanson stated that there were two reimbursement requests that went to the State <br />last fall, and one was for H2 and the other was for the summer street project. He stated that a <br />partial payment had come in for one, and they are expecting more money on that. He stated that <br />there was something the engineers apparently didn't document, and the State had kicked it out, so <br />it's just a matter of getting the right documentation to them. He stated that when those two <br />reimbursements come in, they would finally have gotten reimbursed for everything that they've <br />spent on H2. <br />Mayor Marry stated that a couple of years ago they had discovered that SEH hadn't applied for <br />some M.S.A. funds that the City would have been entitled to, so they had asked them to reapply <br />for that. He asked whether those funds had ever received. <br />Finance Director Hanson stated that as far as he could tell, this is the missing money that they've <br />been talking about. <br />C. Reports of City Attorney <br />City Attorney Riggs stated that a list of the bigger items that they had worked on over the Last <br />year had been put together in a list for the Council's information, and if there were any questions, <br />to ask him or the City Administrator to explain it. <br />13. Nezt Council Work Session: <br />Nezt Council Meeting: <br />Monday, February 7, 2005, 7pm <br />(SPECIAL) Monday, February 7, 2005 at 7pm <br />(Canvass of Special Election and Oath of Office <br />for newly elected Councilmember)-This Special <br />City Council Mtg will be first followed by the <br />Work Session. <br />• <br />