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HomeMy WebLinkAboutgr00090_000050_pg080March 26, 1979 Page 4 Councilmember Ziebarth expounded on the reason for the extension of the trial period for the stop sign at Hillview /Greenfield. Mayor McCarty asked staff to get the ratings on the pledged securities held as security for the city certificate of deposits. MSP (McCarty- Hodges) to approve Consent Agenda Items H & I with the added stipulation that the Clerk - Administrator obtain the security ratings for the pledges in Item I and inform the Council: ITEM H. Continue the trail period for the stop sign located at Greenfield Avenue and Hillview Road for a period not to exceed 90 days. ITEM I. Adopt Resolution No. 975 authorizing the First State Bank of New Brighton to pledge securitites in the amount of $1,520,000 to safeguard City funds on deposit. 5 ayes PUBLIC HEARING 7:40 PM DAILY KNOLLS Howard Thorson of Dailey Homes was present for the discussion of this item. Discussion: 8" line for utility versus 6" on plat; consensus: line should be 8" Discussion: Services from north constructed separate from south versus services along Silver Lake Road. MSP (Ziebarth- McCarty) to continue the public hearing until 8:20 PM April 9, 1979, at which time a decision will be made. The Council, developer and property owners will meet prior to that date in order to reach an agreement.