HomeMy WebLinkAboutgr00090_000048_pg234PROCEEDINGS OF THE CITY COUNCIL
CITY OF MOUNDS VIEW
RAMSEY COUNTY, MINNESOTA
A meeting of the Mounds View City Council was called to order
by Mayor Pickar at 7:05 PM on September 5, 1978 at the Mounds
View City Hall, 2401 Highway 10, Mounds View, Minnesota 55112
for purposes of regular business according to the provisions of
Chapter 2.03 of the Municipal Code.
Members Present: Also Present:
Mayor Pickar
Councilmember Baumgartner
Councilmember Hodges
Councilmember Rowley
Councilmember Ziebarth
Clerk - Administrator Achen
Administrator Achen explained that formal Council action is
necessary to amend Council's previous action calling for the
sale of $1,410,000 in Improvement Bonds. This is needed because
of the possible appeal of the District Court action upholding
the City's special assessments for Improvement Project 1975 -4 and 4A.
He explained that the proposed action recommended by both the
city attorney and our fiscal agent is to delete Project 1975 -4
and 4A from the Bond sale and transfer the amount included in
the bond sale for this purpose to the contingency of the other
Projects. Because Project 1978 -3 is being constructed and
financed in two phases, any financing balance that may be available
upon completion of Phase I can be applied to reduce the financing
needed for Phase II.
MSP (Hodges- Baumgartner) to adopt Resolution No. 925 relating
to $1,410,000 Improvement Bonds, Series 1978; amending Resolution
No. 921 adopted 8/14/78 relating thereto. 5 ayes
MSP (Ziebarth- Rowley) to adjourn at 7:10 PM.
Respectfully submitted,
Mark Achen
Clerk - Administrator