Laserfiche WebLink
• 189/ ' 90 policy year, as well . He indicated that St . Anthony ' s workers' <br /> compensation experience has improved steadily over the last few years , <br /> and that it is currently five percent better than the average city. He <br /> commended the City for that improvement and requested that the League <br /> be allowed to use St. Anthony' s experience in a future League magazine <br /> article as a good example of how such improvement can be achieved. <br /> Motion by Marks , seconded by Ranallo, to approve the City of <br /> St. Anthony 1989/ ' 90 insurance renewal with the recommendations made by <br /> American Risk -Services . <br /> Motion carried unanimously. <br /> NEW BUSINESS <br /> Evergreen Townhomes <br /> Bill Soth briefly described the redevelopment issues involved in the <br /> Evergreen Townhomes project. He stated that under the .tax exemption <br /> laws for the notes that Evergreen intends to sell to its investors , the <br /> interest that those investors earn on the notes is tax-exempt only if <br /> it meets the requirements of the statute, one of which is that the City <br /> be a borrower. This situation would involve the City actually doing <br /> the soil correction work. Soth voiced opposition to the City <br /> • undertaking such risk and liability. <br /> Acting City Manager VanderHeyden indicated. that she would coordinate <br /> scheduling of a special Council meeting to address the redevelopment <br /> issues . <br /> Motion by Marks , seconded by Makowske, to table the Evergreen Townhomes <br /> Ordinance 1988-005 and the resolutions . <br /> Motion carried unanimously. <br /> ADJOURNMENT <br /> Motion by Makowske, seconded by Marks , to adjourn the City Council <br /> meeting at 8 : 47 p.m. <br /> Motion carried unanimously. <br /> Respectfully submitted, <br /> Doris Hoskin, Secretary <br /> WAr <br /> Ma or <br /> ATTEST: <br /> City Clerk <br />