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2 <br />3 <br />4 <br />0 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />29 <br />30 <br />31 <br />32 <br />33 <br />34 <br />35 <br />36 <br />37 <br />38 <br />39 <br />40 <br />41 <br />42 <br />43 <br />44 <br />45 <br />City Council Regular Meeting Minutes <br />April 14, 2009 <br />Page 3 <br />$450,000 over the course of the 10 years as a result of the upgraded bond rating. In addition there <br />was an additional $70,000 in savings on the issue amount. <br />Councilmember Thuesen requested information on factors that go into the number of bidders. <br />Ms. Kvilvang replied it depends on how many issues are on the market that particular week or <br />day. Higher ratings are very attractive and the City's past track record attracts more bidders. <br />Motion by Councilmember Stille, seconded by Councilmember Thuesen, to adopt Resolution 09- <br />036, Relating to $5,175,000 General Obligation Bonds, Series 2009A; Awarding the Sale, Fixing <br />the Form and Details and Providing for the Execution and Delivery Thereof and Security <br />Therefor and Levying Ad Valorem Taxes for the Payment Thereof. <br />Motion carried unanimously. <br />C. Quarterly Goals Update. Mike Morrison, City Manager. <br />Mr. Momson provided an update on the Council approved goals and activities. (2009 Council <br />adopted goals are 1) Environmental Stewardship; 2) Improve and Maintain Infrastructure; 3) <br />Technology Advances; 4) Maintain/Improve Housing Stock; 5) Senior Transitions. <br />Mr. Mornson reported on the following additional activities: 1) Re- Codification completed April <br />1, 2009; 2) Comprehensive Plan has been approve by the Metropolitan Council; 3) Arbors Alley <br />Project; 4) Goals presented to Kiwanis, Parks Commission, Planning Commission and ISD #282 <br />School Board and Former Elected Officials. <br />VII. REPORTS FROM CITY MANAGER AND COUNCIL MEMBERS. <br />City Manager Morrison reported on the following: <br />• The next City Council meeting will include a presentation from the City Engineer on the <br />Arbors Alley Project, water main work, St. Anthony Boulevard, and an update on the <br />Water Reuse Plan. <br />• April 24`h scheduled round table discussion with Hennepin County development <br />directors. He will be presenting on the redevelopment of Apache Plaza Mall. <br />• April 28`h scheduled bus tour of Silver Lake Village provided by himself and the Mayor <br />for the National Planners Association. <br />• It is anticipated that the Falcon Heights City Council will sign the three -year police <br />department contract on April 22 "a and that the Lauderdale City Council will sign the <br />contract on April 28"'. If the contracts are approved by the cities of Falcon Heights and <br />Lauderdale they will be presented to Council for approval at the May 12, 2009 City <br />Council meeting. <br />• All ten establishments in the City passed the recent tobacco compliance check. <br />Councilmember Stille reported on his attendance at the April 4`h goals presentation to fonner <br />elected officials of the City. <br />