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Mounds View City Council November 14, 2005 <br />Regular Meeting Page 14 <br />H. Resolution 6659 Calling for Redemption of Outstanding Gross Revenue Golf <br />Course Bonds, Series 1994A, Dated January 1,1994 <br />Finance Director Beer explained that as a result of the conveyance of the golf course property to <br />Medtronic, Inc. for private development, the City has sufficient resources to call the outstanding <br />golf course bonds. He recommended approval of Resolution 6659 calling the redemption. of <br />outstanding gross revenue golf course bonds, series 1994A, dated January 1, 1994. <br />Mayor Marty asked if it will remain in one fund until a future date. Finance Director Beer <br />answered in the affirmative. <br />MOTION/SECOND: Thomas/Stigney. To waive the reading and adopt Resolution 6659 Calling <br />for Redemption of Outstanding Gross Revenue Golf Course Bonds, Series 1994A, Dated January <br />1, 1994. <br />Ayes-5 Nays-0 Motion carried. <br />Director Ericson advised that Mr. McCombs from Medtronic would like to say a few words. <br />Roger McCombs, Vice President of Medtronic, stated he wanted to publicly acknowledge the <br />Council's hard work and dedication through this process to allow their CRM business to expand <br />in Mounds View. He stated this was an important decision for both the City and Medtronic and <br />• the process has gone through a robust process of input, discussion, and decision. He stated he <br />believes both will look back on this decision and be positive about it. Mr. McCombs stated he <br />looks forward to a positive relationship with the City, that Medtronic will continue to grow, it <br />will be a long relationship, and Medtronic looks forward to it. <br />Mr. McCombs invited the Council to the groundbreaking ceremony on December 7, 2005 at 1 <br />p.m. and again thanked the Council for the service they have done for Mounds View. <br />8. CONSENT AGENDA <br />Councilmember Stigney asked to remove Item 8K. Councilmember Flaherty asked to remove <br />Item 8F. Mayor Marty asked to remove Items 8B and 8G. <br />A. Resolution 6669 Authorizing the Execution of the 2005 Oak Wilt Grant <br />Agreement with the State of Minnesota <br />n~ceS~~v~'nr'cie~6v-,v-A,,....,,.,;,,,. ~.,1...~0 ..4 cy;.i.,tce~ L'.».y r....~...1.. <br />~N~ent <br />C. Resolution Number 6672 Electing to Retain the Statutory Tort Limit on <br />Liability for the 2006 Insurance Policies <br />D. Resolution 6656 to Terminate the Public Works Garage Facility Policy and <br />strike it from the Personnel Manual <br />• E. Resolution 6668 Appointing MMKR to Provide Auditing Services for the <br />Year Ended December 31, 2005 <br />