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• PROCEEDINGS OF THE MOUNDS VIEW CITY COUNCIL <br />CITY OF MOUNDS VIEW <br />RAMSEY COUNTY, MINNESOTA ~` ~ <br />~t p <br />Q~ <br />Regular Meeting <br />June 8, 2009 <br />Mounds View City Hall <br />2401 Highway 10, Mounds View, MN 55112 <br />7:01 P.M. <br />1. MEETING IS CALLED TO ORDER <br />2. PLEDGE OF ALLEGIANCE <br />3. ROLL CALL: Flaherty, Stigney, Hull, Mueller, Gunn. <br />NOT PRESENT: None. <br />4. APPROVAL OF AGENDA <br />• MOTION/SECOND: Mueller/Hull. To Approve the Monday, June 8, 2009, agenda as presented. <br />Ayes - 5 Nays - 0 Motion carried. <br />5. PUBLIC INPUT <br />None. <br />6. SPECIAL ORDER OF BUSINESS <br />A. Presentation by Senator Betzold and Representative Tillberry to Discuss the <br />2009 State Legislative Session. <br />State Representative Tillberry and State Senator Betzold presented outcomes of the 2009 <br />Legislative Session and commented on the difficulty of dealing with the State's $4.6 billion <br />deficit crisis, creation of a two-year budget, and bills that were considered and adopted. <br />Council Member Mueller asked about the legislation introduced for the State to compensate <br />teachers to make up for lost 401k funds. Senator Betzold explained the Pensions Commission <br />dealt with major issues, and the Teachers Retirement Association is in significant fiscal trouble. <br />A public pension fund has not failed in Minnesota since the 1930s. Senator Betzold reviewed the <br />options considered and that starting in 2014, the State would increase its contribution if the fund <br />continued to spiral downward. However, the Governor indicated he would not sign it so nothing <br />• happened. <br />