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1 REGULAR COUNCIL MEETING <br /> AUGUST 11 , 1992 <br /> 0 PAGE 11 <br /> 4 <br /> 5 City Manager Burt stated that twenty-one percent of the <br /> 6 population in St . Anthony is sixty-five years or older . He <br /> 7 noted that senior citizens can predict stable costs and would <br /> 8 prefer to not have to deal with "swings" in taxes. He also <br /> 9 felt assessments are difficult to prove as to benefitting <br /> 10 property owners and that flat rates are more equitable. <br /> 11 <br /> 12 It is the position of the City Manager that it is preferable <br /> 13 to have a constant revenue stream rather than try to do <br /> 14 projects by assessments or tax increases . He noted that to <br /> 15 maintain the City' s current level of services may mean an <br /> -16 increase in property taxes . <br /> 17 <br /> 18 Councilmember Marks felt the study done by Barr Engineering <br /> 19 was a very comprehensive study but indicated that there are <br /> 20 very limited options . He also felt the computer modelling was <br /> 21 very effective but if it were used to compute costs per <br /> 22 household, per project it could become very complicated. <br /> 23 <br /> 24 Mr. Cavanaugh felt property owners should be advised of how <br /> 25 many problems and projects have been receiving deferred <br /> 26 maintenance. Councilmember Wagner stated that deferred <br /> maintenance was not correct . <br /> 9 Councilmember Marks observed that the ordinance will supply a <br /> 30 certain amount of funding coming in each year. He inquired how <br /> 31 long it would take to go through the list of proposed <br /> 32 projects . <br /> 33 <br /> 34 The City Manager felt it may be a very long time and that some <br /> 35 of the proposed projects would just be too expensive. He <br /> 36 thinks the first year may realize about $40 , 000 and he <br /> 37 anticipates that the first road project will be before the <br /> 38 Council this winter. <br /> 39 <br /> 40 Councilmember Marks estimated that the funds received the <br /> 41 first year would probably cover the planning phase. The City <br /> 42 Manager concurred with this .conclusion. Councilmember Marks <br /> 43 also felt this issue required a good deal more discussion <br /> 44 especially regarding planning. <br /> 45 <br /> 46 Motion by Wagner, second by Marks to approve the first reading <br /> 47 of Ordinance No. 1-992-007 ; being an ordinance establishing a <br /> 48 storm water drainage utility. <br /> 49 <br /> 50 Motion carried unanimously <br /> • <br />