Minutes - 2005/04/25 - Laserfiche WebLink

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Mounds View City Council Apri125, 2005 Regular Meeting Page 14 • along the corridor. Council Member Gunn stated that she is in favor of this for the safety reasons. Council Member Flaherty stated that he is also in favor of the project and asked if there is any opportunity available to get additional funds from the County to pay for this. Public Works Director Lee stated that he did discuss the costs with the County and found that the City funds the project. Mayor Marty referenced page five of the Bonestroo memo noting that it states that their fee would be reduced if Ramsey County were able to provide personnel to assist in the project. He asked if Ramsey County could help with the inspection. He stated that in the funding section, second paragraph, it states that County/State Highway 10 is a State aid highway, which is where State aid funds could be used. He stated that the approval process could take up to four weeks and that according to Bonestroo it would be cheaper and more efficient if the City does it. He asked if this would cut into the MSA funds. Public Works Director Lee stated that they would be using MSA funds and there is a cost associated to it. He indicated that to go through their requirement process would require more work from Bonestroo and it would be at an additional cost. • Mayor Marry asked if there would be any ramifications or conditions if they were to ask Ramsey County to help with inspection. Public Works Director Lee stated that he did discuss the possibilities with Ramsey County and they have agreed to help with inspections. He stated that the agreements should be updated to include maintenance of the EBP System. MOTION/SECOND. Gunn/Thomas. To approve Resolution 6502 Ordering the Emergency Vehicle Preemption (EVP) Installation Project Ayes-4 Nays-0 Motion carried. G. Resolution 6500 Authorizing Inter-fund Loans for the Year 2004 and Setting an Interest Rate on Inter-fund Loans for the Year 2005. Finance Director Hansen stated that this is the annual exercise for approving interfund loans and continues through to the subsequent year. He stated that the City had four Inter-fund loans adding that two of the loans were resolved in 2004. He stated that going forward the City has two loans, the first is for $30,810.00 to support the TIF District and the second is for $1,293,276.00 to support the golf course. He recommended that the City continue with the interest rate at 3-percent. He explained that if there is a need for funds for any of the projects • identified for the TIF District that this would give prior authorization to give funds from the Community Fund to the TIF Districts, if necessary. He stated that as far as the TIF Districts go