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City Council Regular Meeting Minutes May 13, 1997 Page 6 • 1 5. Seven Trees. 2 Morrison reported the. Public Works Director has worked with a tree vendor and has 3 received a bid in the amount of$5,200 for removal and installation of seven trees. 4 Morrison noted he will check what type of guarantee is provided. 5 6. Flags. 6 Morrison submitted City flag designs, which were created by students at the high 7 school, for Council consideration. 8 7. Tollefson Closing. 9 Morrison reported the Tollefson closing is scheduled for the morning of May 14, 1997. 10 8. SAV 2 Update. 11 Morrison reported his attendance at a meeting today at the Dorsey and Whitney Office 12 in regard to the closing of the purchase of the Tires Plus building. He noted the 13 previous issues of access on 39th, utility easements, etc., have been resolved. A 14 provision has been added to the purchase agreement which will allow the City to be 15 released from the agreement if they reject the bids for the liquor store. Closing is 16 scheduled for June 10, 1997 which is also the last day the City could withdraw from 17 the agreement. The bids will be awarded on June 9, 1997. 18 Morrison reported the issue of drainage on Lot 4 was discussed at the meeting today. • 19 Staff had been under the impression that the developer of Lot 4 would install the 20 improved drainage on that site. Staff was informed today that the cost of the 21 improved drainage will be the responsibility of the City. Mornson reported this 22 improvement will cost approximately $10,000 or less. The only matter of this issue 23 that relates to closing on the Tires Plus building is that St. Marie and OPUS will give 24 the easements to the City,for future development of the drainage. 25 26 9. North Suburban Cable Commission Grant. 27 Morrison reported St. Anthony has received $2,573.00 from North Suburban Cable 28 Commission in the form of a grant. These funds will be placed in the Cable Fund and 29 will be utilized to purchase equipment. 30 10. First Quarter Liquor Store Report. 31 Morrison reported the first quarter liquor report showed a profit of$33,652.29 32 compared to a (9,503.56) loss from 1996. This results in a $43,155.85 improvement. 33 He noted SAV II reported a first quarter profit for the first time since 1992 and the 34 Stonehouse Restaurant is making money. 35 Council complimented and expressed their appreciation to Liquor Store Operations 36 Manager, Mike Larson and City Manager Morrison for all the work they have done to 37 improve the Liquor Operations. • 38 39 VIII. PUBLIC HEARINGS - None.