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City Council Regular Meeting Minutes March 24, 2015 Page 3 1 discussed Ramsey County's strategic planning process including the County's vision, mission 2 and goals and stated that the County's structure is being realigned to better accomplish the 3 County's goals and manage the County's business. She reported she has started a District 2 4 newsletter and encouraged residents to sign up for the newsletter on the County website. She 5 thanked the City Council for all of its work on behalf of all St. Anthony Village citizens. 7 Councilmember Stille thanked Commissioner McGuire for her assistance on the County Road C 8 and 29`h Avenue project and stated it will be important to factor in the walkability component of 9 this roadway when it is reconstructed in the future. 10 11 Mayor Faust thanked Commissioner McGuire for her efforts on behalf of St. Anthony Village. 12 13 B. Resolution 15 -030; a Resolution Providing for the Sale of $2,675,000 General Obligation 14 Improvement Bonds, Series 2015A. Stacie Kvilvang Ehlers & Associates Presenting. 15 16 Ms. Kvilvang stated the proposed issue of $2.7 million General Obligation Bonds is intended to 17 finance the City's 2015 street reconstruction project. She stated the City intends to levy special 18 assessments of approximately $621,000 to benefiting property owners for collection in 2016 19 through 2031 at a rate of 2% above the City's true interest cost of the bonds. She stated the City 20 anticipates receiving approximately $250,000 or 40% in prepayments and this amount is on par 21 with last year's street reconstruction project. She stated the bonds will be issued for 16 years and 22 include a call feature to refinance to a lower interest rate and the typical call feature is ten years. 23 She stated the bond sale will be held on Tuesday, April 28, 2015, and the results of the bond sale 24 will be presented to the City Council that evening. 25 26 Motion by Councilmember Stille, seconded by Councilmember Gray, to approve Resolution 15- 27 030; a Resolution Providing for the Sale of $2,675,000 General Obligation Improvement Bonds, 28 Series 2015A. 29 30 Motion carried unanimously. 31 32 C. Resolution 15-03 1 • a Resolution Approving a Joint Powers Agreement with the City of 33 New Brighton for Building Inspection Services Mark Casey City Manager, presenting. 34 35 City Manager Casey stated that staff has reviewed its contract with Northstar Inspection Services 36 and is recommending termination of the contract in order to enter into a Joint Powers Agreement 37 with New Brighton at the same price structure. He stated that the contract would be for 38 inspections and plan review only and the City would continue to provide planning, engineering, 39 and fire marshal review and permits would continue to be handled at City Hall and applicants 40 would call a dedicated phone line answered by a New Brighton staff person. He added he felt 41 this collaboration with New Brighton would create advancements in the inspections program. 42 43 Mayor Faust noted that the Joint Powers Agreement is effective May 1, 2015. 44 45 Motion by Councilmember Jenson, seconded by Councilmember Brever, to approve Resolution 46 15 -031; a Resolution Approving a Joint Powers Agreement for Building Inspection Services with 47 the City of New Brighton. 48 3