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1 are implemented,the City may realize a 30% reduction of infiltration/inflow annually,which 2 translates into a$16,000 savings. 3 The Council asked Hubmer to continue working with Staff and to come back in 60 days with an implementation and funding plan and a project schedule. 6 7 V. DISCUSS 33RD AVENUE NE STREET AND SIDEWALK IMPROVEMENTS. 8 The City Manager presented a proposal from SHE/RCM for engineering services for 33d Avenue NE 9 street and sidewalk improvements from Silver Lake Road to Stinson Boulevard. 10 11 VI. REIVEW TAX LEVY AND BUDGET RESOLUTION AND OTHER BUDGET ISSUES. 12 The City Manager reviewed information regarding the City Fund Balances and the proposed levy 13 resolution. He also reviewed Council meeting dates through the end of the year. 14 VII. REVIEW HENNEPIN COUNTY ROAD MAINTENANCE AGREEMENT 15 RESOLUTION. 16 The City Manager presented the 2000/2001 County Road Maintenance Agreement contract between 17 the City and Hennepin County. He reported that the contract price will remain the same for the year 18 2000 but will increase by 3% in 2001. He indicated that this agreement will be on the agenda for the 19 September 14'h Council meeting. 20 21 VIII. REVIEW METRO TRANSIT AGREEMENT RESOLUTION. 22 The City Manager reported that Metro transit is requesting that the City agree to participate in their 23 bus stop sign installation,replacement and maintenance program. He indicated that the Metro Transit 24 wants City Staff to do the work and the City will be reimbursed by the Metro Transit. Jay Hartman, 25 Public Works Director,said that the Public Works department is able to do this work. 26 The City Manager indicated that this joint powers agreement will on the next Council meeting agenda 9 for their approval. 29 30 IX. REVIEW METROPOLITAN LIVABLE COMMUNITIES RESOLUTION. 31 The City Manager reported that participation in the Livable Communities is up for annual renewal. 32 He reported that while the City continues to meet its livability and affordability benchmarks,as a 33 result of the City's participation, the City is eligible for certain funding that would not otherwise be 34 available. He indicated that this resolution will also be on the next Council meeting agenda for the 35 Council's approval. 36 37 X. REVIEW CRITERIA FOR BUSINESS ASSISTANCE. 38 The City Manager reported that as of August 1, 1999 the City is required to hold a public hearing to 39 develop criteria for awarding business subsidies. The City Manager explained that because the 40 legislation is so complicated, he will be working with Jerry Gilligan to put together a presentation for 41 the City Council. 42 43 XI. REVIEW STUDY ON FINANCING VARIOUS CITY PROJECTS. 44 Bob Thistles of Springsted Public Financial Advisors, presented the financial capacity and debt plan 45 that he developed for the City. He discussed the goal of the study,which was to provide assistance to 46 the City in how to best use its resources in funding future capital improvements. Thistle also 47 provided information and advice on various funding mechanisms that the City could use to fund 48 identified capital projects. 0 XII. DISCUSS FUTURE COUNCIL AGENDA ITEMS. 51 The City Manager reviewed future Council agenda items with the Council. He indicated that he 52 would be adding the stoplight at 37"and Highcrest to the September 14' Council agenda for 53 discussion.