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MSP (Neisen- Baumgartner) To accept the 1973 financial statement from the
Administrator and to authorize its publication in abbreviated form. 5 Ayes
MSP (Pickar- Hodges) To adopt Resolution No. 623 authorizing needed engineering
and technical services from the Minnesota Department of Highways. 5 Ayes
Administrator Zylla acknowledged receipt of notification from Northern States
Power Company informing the City of a community wide 15 percent electric rate
increase effective March 19th and an approximate six percent gas rate increase,
and an increase in street lighting and municipal water pumping rates.
Administrator Zylla noted that the community will be required before July 1,
1975 to develop a municipal shoreland ordinance as stringent as a model State
ordinance which is being developed.
Administrator Zylla reported that in 1973 our fiscal agent did a study on bond
debt assessments and our tax levy. Two assumptions that were made in the study
were that reinvestment earnings would earn five percent and unit charges would
total $57,500.00. Administrator Zylla reported that unit charges for 1972 -73
totaled $29,000.00, interest received over the estimate in 1973 totaled $9,161.00,
and that together with interest received in 1972 over estimate and the fact that all
of the investments now are earning anywhere from 6 to 8 percent, that it is no
longer necessary to deposit the unit charges collected directly into the Improve-
ment Bond Fund. Rather it would be more advisable to continue to collect the
unit charges and water hookup charges and deposit the money directly into the
utility fund in order to postpone any future utility rate increases.
MSP (Pickar - Hodges) To accept the recommendation of the Administrator and
effective January 1, 1974, to deposit all water hookup and unit charges to the
utility funds rather than to the bond funds.
MSP (Baumgartner- Johnson) To authorize
lenses and frames to all employees that
that no examination cost be paid by the
wanting bi- focals or tri- focals pay any
the City to issue single vision safety
want to wear them provided, however,
municipality and that any employee
additional cost.
MSP (Pickar- Baumgarter) To authorize the Administrator to change health
insurance carriers if he finds that more than 50 percent of the employees want
terminate health insurance coverage with Metropolitan Life effective February
1, 1974.
5 Ayes
5 Ayes
to
5 Ayes
An employee election for health coverage is scheduled for Tuesday, January 29th.
Mayor Neisen announced the schedule for the Mounds View Appreciation Dinner.
Social Hour
Dinner
Program
Dancing
5:45 - 6:45 P.M.
6:45 - 7:45 P.M.
7:45 - 8:45 P.M.
8:45 - 1:00 A.M.
Councilman Baumgartner's Report
Councilman Baumgartner read the Planning Commission minutes of January 23, 1974.