Minutes - 2005/05/09 - Laserfiche WebLink

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Mounds View City Council May 9, 2005 Regular Meeting Page 19 • stated that the survey does show the required parameters for the easements and satisfies the code requirements. Council Member Thomas asked if Integra Homes is planning to retain Parcel A or sell it. Ms. Prososki confirmed that Integra Homes plans to sell Parcel A. Mayor Marty noted that it states in the resolution that Parcel B must be platted as part of the subdivision within one year and if not, it would have to be included with the adjacent property in order to avoid an land-lock situation. MOTION/SECONI}. Gunn/Thomas. To approve Resolution 6513 Approving a Minor Subdivision of 8060 Groveland Road. Mounds View Planning Case No. MI05-003. Ayes-5 Nays-0 Motion carried. E. Resolution 6506 Adopting an Investment Policy Mayor Marty stated that Finance Director Hansen has been working on this policy for quite awhile adding that he did an excellent job with the last draft. He thanked Finance Director Hansen and Staff for a job well done on the Investment Policy. He stated that this is an excellent piece of work and thanked Finance Director Hansen for leaving the City with such a great piece of work. • Council Member Sti e asked if the olicies could be numbered for better identification. ~ Y p Finance Director Hansen explained that the policy would be numbered once it is approved. MOTION/SECOND. Marty/Gunn To Approve Resolution 6506 Adopting an Investment Policy and waive the reading. Ayes-5 Nays-0 Motion carried. F. Resolution 6511 Approving the Agreements for Financial Services with Ehlers & Associates and Springsted, Inc. for the Year 2005 Finance Director Hansen stated that there are certain tasks that have to be done each year that require a specialized skill set. He explained that a group that specializes in the specific areas should do the tasks. He stated that TIF reporting is a good example and recommended hiring a specialized group to do the TIF reporting this year and continue to have Springsted do the disclosure reporting. He stated that it would cost $1200.00 to do the TIF reports noting that Ehlers would bill for the actual time spent preparing the reports. He provided the Council with an overview of the costs for each of the reports. • Council Member Flaherty referenced the TIF reports and asked if they could use the same format as last year and update the numbers.