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City Council Regular Meeting Minutes 02 September 14, 2004 Page 2 1 Mr. Strom addressed the Council in providing them with a background on the St. Anthony 2 Kiwanis. He noted that they have thirty-eight members, which is up five from the previous year, 3 therefore, they are a growing organization. 4 5 Mr. Strom thanked the Council for the proclamation allowing them to sell peanuts. He indicated 6 that they raise funds towards scholarships, and that they sponsor four youth groups in the 7 community; K Kids,Builders,Key Club and Circle K. 8 9 Mr. Strom introduced the other Kiwanis members present; Tim Holstand, Tom Miller, Diane 10 Sparks and George Wagner, a member for thirty years. 11 12 It was noted that the St. Anthony Kiwanis has been established for forty years, adding that they 13 have been selling peanuts for thirty-two years. The Kiwanis members concluded in passing 14 peanuts out to the Council and community members present. 15 16 Motion by Councilmember Faust, seconded-by Councilmember Horst, to designate Friday, 17 September 24, 2004 as St. Anthony's Kiwanis Peanuts Day. 18 19 Motion carried unanimously. 20 21 M. CONSENT AGENDA. 22 A. Approve August 10, 2004, Regular Council Meeting Minutes. 23 B. Licenses and Permits. 24 C. Claims. 25 26 Discussion: 27 Mayor Pro-tem Thuesen explained the system of Mayor Pro-tem to the community members to 28 clarify any questions or concerns that have been expressed. He stated that the process used to be 29 based upon seniority,however, now it rotates on an annual basis. 30 31 Motion by Councilmember Stille, seconded by Councilmember Horst, to Approve the Consent 32 Agenda. 33 34 Motion carried unanimously. 35 36 IV. PUBLIC BEARINGS. 37 A. Silver Lake Village Revenue Bonds, Jerry Gilligan, Dorsey& Whitney presenting_ 38 Mayor Pro-tem Thuesen opened the public hearing at 8:10 p.m. 39 40 City Attorney Gilligan reported he City has received a request from St. Anthony Leased Housing 41 Associates I Limited Partnership (the "Borrower")that the City issue revenue bonds under 42 Minnesota Statutes, Chapter 462C,the proceeds of which will be loaned by the City to Borrower 43 and used to finance the rental housing development containing approximately 261 rental units to 44 be constructed as part of the Silver Lake development. He stated the Borrower is a single 45 purpose entity limited partnership formed by Dominium Development in connection with the 46 proposed development.