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Mounds View City CouncilF <br />Regular Meeting ' <br />--------------------------- ...- --- --- _ ------ <br />Attorney Meyers expressed concern with a request for <br />a passive rate increase and stated again that a <br />hearing would be required. <br />Clerk/Administrator Pauley stated that a meeting is <br />scheduled for November 16 to try and resolve some <br />of the questions and problems. <br />Mr. Shuster reviewed the services proposed to be <br />offered, and the charges for them. <br />Motion/Second: Linke/Doty to approve the marketing <br />reques�m Group W Cable. <br />5 ayes 0 nays <br />Mr. Shuster introduced Tom Sherard, the new district <br />manager for Group W Cable. <br />Richard Nordland, representing Kinder Care, reviewed <br />their request for an industrial development revenue <br />bond. <br />Councilmember Hankner expressed concern about why <br />the City was not notified of Kinder Care's intent <br />to use an IRB. <br />Mr. Nordland responded that two people were working <br />on the project for Kinder Care, and their efforts <br />were not coordinated. He also stated the federal <br />government did not make the tax law changes until <br />just recently. <br />There was discussion among the Council of how to <br />proceed, and whether other development requests for <br />an IRB had been turned down for not applying at the <br />proper time, and whether this developer.had been <br />properly notified by Staff of the procedure to <br />follow. <br />Clerk/Administrator Pauley reviewed the process for <br />applying for an IRB and reviewed Finance Director <br />Bragev's memo of September 19, outlining the <br />guidelines for issuance of tax exempt industrial <br />development bonds. <br />Mayor McCarty asked whether the letter of September <br />10, 1984 from Mr. Nordlund, regarding costs that <br />are mutually agreed upon in advance, could be used <br />to the City's disadvantage. <br />November 13,1984 <br />Page Three <br />----------------- <br />Motion Carried <br />9. Kinder Care <br />Learning Center <br />IRB Proposal <br />