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1 awarded during the Council' s May 24th meeting following the opening 2 of the bids in the City Administrative offices on the 19th. 3 The City Manager said one of the key actions which must precede the 4 awarding of the bids would be Ramsey County allocating CDBG funds to 5 help St. Anthony to pay for the filtration system which was scheduled 6 to be considered at the Ramsey County Board meeting just prior to the 7 Council meeting the 24th. 8 Bonding Considered Better Option Than Internal Borrowing for Temporary 9 Water Filtration System 10 The copy of the resolution in the agenda packet proposed internal .11 borrowing of $875 , 000 to cover the costs of a $450 , 000 temporary GAC 12 system; $194 , 867 the City has already spent on attorneys ' fees , 13 consultants costs , etc. ; and $200 , 000 to pay costs anticipated to 14 accrue if the Army doesn' t settle with St. Anthony for a couple of 15 years . Mr. Childs indicated that, since the resolution had been 16 inserted in the agenda packet, he had followed Council instructions to 17 approach the City' s financial consultant, Springsted, Inc. regarding an 18 alternative method of financing those costs. The consultants had 19 provided spreadsheets for two different bond issues the Council might 20 want to use rather than to deplete either the City' s Assessment or 21 Water Fund. 22 Mr. Childs detailed for the Council the approximate costs which the W3 City had incurred to date because of its water contamination problems 24 for which there had been no reimbursement covered: 25 *$23 , 000 . 00 the City had to pay for the Roseville water 26 connection; 27 *$42 , 500 . 00 in water payments to Roseville; 28 *$10 , 000 . 00 for extra monthly water testing; 29 *$12 , 000 . 00 initially paid to three engineering firms for pre- 30 liminary studies of the problem; 31 *$40 , 000 . 00 paid to date to Liesch and Associates for expert con- 32 sulting services related to the City' s lawsuit against the U.S. 33 Army et al in conjunction with the water contamination problems; 34 *$53 ,000 . 00 billings to date from Briggs and Morgan law firm who 35 are representing St. Anthony in that lawsuit. 36 In addition to other anticipated costs, Mr. Childs reminded the Council 37 that after 10 years when the EPA no longer pays for maintaining the 38 system, the City would have to assume about $130 , 000. 00 of those 39 annual costs forever, or until the contamination ceases. As a 40 contrast, the City Manager told the Councilmembers he understood New 41 Brighton had already spent over $800 , 000 in consulting and attorney' s 42 fees in conjunction with their own water contamination problems. 43 The financial consultant had provided information on two bonding 44 options to finance the costs . The first was a GO issue which although 45 it pushed the City' s first principal payment as far forward as 15