HomeMy WebLinkAboutgr00090_000053_pg156MOUNDS VIEW CITY COUNCIL Regular Meeting
PAGE 2 May 27, 1980
Neil Loeding, 5046 Longview Drive,
stated there were no copies of the May 12th
meeting available for him to read. Council -
member Ziebarth gave Mr. Loeding a copy.
Ernie Gustafson, 2525 County Road I, expressed
concern regarding the high speed traffic on
County Road I from Highway 10 to Quincy. He
asked Council to consider adding a blacktop
strip for a pedestrian walkway, to make it a
no parking area, and to reduce the speed limit.
Mayer McCarty directed Clerk- Administrator Ander-
son to inform the police chief of this situation
and also directed Official Rose to get information
to Mr. Gustafson on the proposed sidewalks for this
road.
5. RESIDENTS REQUESTS AND COMMENTS
FROM THE FLOOR
The regular meeting closed for the public hearing.
The public hearing opened at 8:04 P.M. 6. PUBLIC HEARING -TAX EXEMPT MORTGAGE
FOR WOLF AND ASSOCIATES, INC.
Mayor McCarty informed the audience that a tax
exempt mortgage is allowable by law to the
developer from the city. This gives the developer
a lower cost mortgage but there is no monetary
obligation on the part of the city. The tax
levy, also, may not be used to pay off this
mortgage should the development fail. The Mayor
encouraged remarks regarding this request from
the audience.
There were no remarks from the audience, Staff, or
Councilmembers.
The public hearing closed at 8:06 P.M.
The regular meeting re- opened at 8:06 P.M.
Mayor McCarty reported that Wolf and Associates had
provided their balance sheets (dated March, 1980)for
his review. According to Dave Novack, Sec. /Treasurer
for Wolf and Associates, the records are audited on
a monthly basis, but are not certified until the end
of their fiscal year.
Rowley made a motion to approve the tax exempt status
for Wolf and Associates, Res. #1115. The motion was
seconded by Ziebarth.
3 -ayes The motion was carried.
2 -nays
(Forslund, McCarty)
(MOTION CARRIES)