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City Council Regular Meeting Minutes <br /> July 22, 1997 <br /> Page 10 <br /> 1 Mr. Hubmer stated these records are available through Ramsey County. He stated he would <br /> 2 contact the County and supply the City with the necessary information tomorrow. <br /> 3 Motion by Enrooth, second by Faust.for preliminary approval of the Comprehensive Water <br /> 4 Resource Plan as submitted. <br /> 5 Motion carried unanimously. <br /> 6 IX. NEW BUSINESS. <br /> 7 A: Approve Sale of Bonds of SAV 2. <br /> 8 Mr. Bob Thistle, Sprinsted Inc., reported Springsted, Inc. had been authorized to negotiate <br /> 9 $940,000 in liquor revenue bonds for the City of St. Anthony. On July 8, he had indicated <br /> 10 that the projected interest rate of those bonds would be 5.986%. At 4:00 P.M. this afternoon, <br /> 11 final negotiations resulted in a rate of 5.81% or 5.82%. This will result in a savings of <br /> 12 $12,000 to $13,000. He stated the coverage of well over 2% was maintained. <br /> 13 Motion by Wagner, seconded by Faust to award the bid of Liquor Revenue Bonds for SAV 2 <br /> 14 to Gordia Dawkins as per Springsted, Inc. <br /> 15 Motion carried unanimously. <br /> 16 VII. REPORTS - Continued. • <br /> 17 E. Councilmembers. <br /> 18 Wagner reported his attendance at the first Parks Task Force Meeting. The members agreed <br /> 19 to survey Silver Point and Emerald Parks and discuss these parks at the next meeting. <br /> 20 Wagner stated it was a good meeting. <br /> 21 Morrison noted it may be necessary for the Parks Task Force and the Storm Drainage Task <br /> 22 Force to have a joint meeting as some of the issues they are discussing are related. <br /> 23 Faust reported that he and Councilmember Wagner had attended an Open House in regard to <br /> 24 the Legislature which was given by Senator Marty, Representative McGuire and Roseville <br /> 25 Area Representative Mindy Grieling. The issues discussed included levy limits, property tax <br /> 26 reform, right-of-way issue, the 25 member County Roles and Responsibility Committee, and <br /> 27 the issue that schools and cities are a special interest group. Faust stated the three <br /> 28 Representatives seemed very receptive. <br /> 29 Faust reported the following Thursday he attended a League of Minnesota Cities Meeting on <br /> 30 Fiscal Futures. A need to pare down the issues which were supported and opposed to form a <br /> 31 more philosophical approach was discussed. <br /> 32 Faust reported he also attended the Planning Commission meeting on July 15 as a Task Force <br /> 33 Member to discuss the Comprehensive Plan Update. • <br />