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Mounds View City Council October. 24, 2005 <br />Regular Meeting Page 7 <br />• City Administrator Ulrich stated that this resolution approves the -terms of the bond sale for the <br />joint Spring Lake Park-Blaine-Mounds View Fire Department. As part of the agreement, the <br />cities have agreed to build and equip a fire station in Blaine to replace two fire stations that are <br />currently operating and would be removed from service. The resolution asks the City to approve <br />the issuance of the bonds and affirm its obligation under the joint powers agreement to pay its <br />proportionate share, which is 17% of the debt service on the bond. This has been provided for in <br />the City's 2006 budget and will be provided .for in future budgets. Final action would be to <br />approve the resolution as amended in the total dollar value by the Blaine Council. He introduced <br />Bob Thistle, Springsted, who is the City's financial consultant. <br />Bob Thistle, Springsted, stated the action the Council is being asked to take is to authorize the <br />issuance of bonds for the Spring Lake Park-Blaine-Mounds View Fire Department station and <br />equipment. The resolution would authorize Blaine to issue the bonds. They are proposing to sell <br />the bonds on November 17 and report the results to the Blaine City Council that evening. Mr. <br />Thistle advised that the Blaine Council took action on Thursday evening authorizing to proceed <br />with the sale and to reduced the principal from $8,400,000 to $8,050,000 by removing the <br />command vehicle from that action. He advised the Mounds View Council has the choice to <br />leave the amount at $8,400,000 or reduce it to $8,050,000. <br />Mayor Marty asked the Fire Chief why the command vehicle was removed. Fire Chief Zikmund <br />explained that none of the staff had prior knowledge to why it was removed. He stated he <br />• thought it would come back for further discussion but it was in their purview to make that <br />decision. <br />Mayor Marty stated he felt a command vehicle would be very beneficial to the community should <br />there be a catastrophic event such as a tornado that could result in the loss of life. He stated that <br />is one reason he has been in support of the command vehicle. <br />Fire Chief Zikmund agreed and stated it is his professional opinion that it is a critical piece of <br />equipment that the Fire Department needs and is the first piece of new additional equipment he <br />has recommended while the Fire Chief. He advised that the Blaine motion indicated the Council <br />was not opposed but felt the timing was not right and it maybe considered next year. <br />Councilmember Thomas reviewed that the Council had a significant discussion about the <br />proposal and it was decided the Council would support the Blaine Council if they chose to reduce. <br />the dollar amount. That was specifically discussed with bid alternates and gave Blaine the ability <br />to cut things out if they wanted to make cuts. It was also determined that Mounds View would <br />support the Blaine Council in their decision. She stated she will not back down from that prior <br />decision and will support the Blaine Council in their decision. <br />Councilmember Stigney stated his agreement. <br />• Mayor Marty noted the Spring Lake Park Council supported the command vehicle and he was <br />under the impression that if Blaine wanted to make a cut it might be to reduce the command <br />