HomeMy WebLinkAboutgr00090_000053_pg172MOUNDS VIEW CITY COUNCIL Regular Meeting
Page 5 June 9, 1980
Attorney Meyers also notified Council of a meeting
scheduled for June 17, 1980, at 7:00 P.M. with Spring
Lake Park Firemen's Relief Association (and New Brighton
also). Council indicated they would like to have the
actuarial study to review before that meeting.
(The long term financial meeting previously
scheduled for June 17th was re- scheduled to
meet on June 19th).
Administrator Anderson reminded Council of several
upcoming meetings. He distributed additional
resumes (two) for the clerk- administrator position.
No further resumes will be accepted per the
Council's agreement.
Rowley: No report
Forslund:
- The Planning Commission would like the Council's
comments on the goals and policies by June 16th.
- In order to clarify her position on the Tax Exempt
Mortgage and Industrial Revenue Bonding, she stated
the following:
I intend to make it clear that I am well aware of
the Tax Revenue advantages that orderly development
in our commercial and industrial lands provide.
Contrary to the report, as given in the New Brighton
Bulletin on June 5th, the point I made at our last
regular meeting was ...considering our close proxi-
mity to the metro business area, I have reservations
about how much we should risk while attracting Com-
mercial and Industrial facilities to the City through
Tax Exempt Mortgage and Industrial Revenue Bonding.
Our industrial development can proceed through means
other than Tax Exempt Mortgages. Competing with our
cities in this area is not necessarily the most desir-
able way available to us at this time. This is especi-
ally true due to our lack of set guidelines to Tax
Exempt Mortgages or Industrial Revenue Bonds.
The guidelines we need, before we approve TEM's, are
such as those presently used in West St. Paul and pre-
sented to on March 3rd by Staff. Guidelines that pro-
vide a sound basis to determine the probability of a
business failure or bond default, thereby reflecting on
our own "credit reputation ".
11. REPORT FROM ACTING
CLERK - ADMINISTRATOR
12. REPORT OF THE
COUNCILPERSONS