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City Council Regular Meeting Minutes October 25, 2011 Page 8 Councilmember Stille stated he would prefer to see the monument go in now. 4 Motion by Councilmember Roth, seconded by Councilmember Stille, to approve Resolution I I - 5 067; approval of the Request from Greg Kozulla, Kozulla & Associates for an Amendment to the 6 St. Anthony Shopping Center PUD to Allow for Planned Renovations and the Sign Plan to 7 Allow for the Modification of Existing Wall Signs, revising the sixth Whereas to strike the 8 following wording: "and requesting an opportunity to put a monument sign at the Kenzie Terrace 9 at some time in the future, submitting design, size and placement information at that time; ". 10 11 Motion carried unanimously. 12 13 VI. GENERAL BUSINESS OF COUNCIL. 14 15 A. Resolution 11 -068; Calling for Public Hearing, on the Capital Improvement Plan and the 16 Issuance of Capital Improvement Plan Bonds to Refund the 2003 HRA Lease Revenue 17 Bonds. Stacie Kvilvang, Ehlers & Associates presenting, 18 19 Ms. Stacie Kvilvang, Ehlers & Associates, explained that in 2003, the City issued $5,530,000 in 20 lease revenue bonds to finance the construction of the Fire Station and Public Works Facility. 21 The date on which these bonds can be refinanced/paid off is February 1, 2013. However, the 22 City has the ability to complete an advance refunding on any bond issue, meaning it can 23 refinance prior to the call date. She recommended moving forward with an advance refunding 24 on this bond issue due to the very favorable interest rates within the market. She also 25 recommended refunding these bonds as general obligation bonds to further reduce interest costs 26 and increase savings to the City. The process calls for a capital improvement fund. 27 28 Councilmember Stille asked what the melded rate would be. Ms. Kvilvang stated 1 -2 percent. A 29 public hearing would be recommended for November 8, 2011. 30 31 Motion by Councilmember Gray, seconded by Councilmember Jenson, to approve Resolution 32 11 -068; Calling for Public Hearing on the Capital Improvement Plan and the Issuance of Capital 33 Improvement Plan Bonds to Refund the 2003 HRA Lease Revenue Bonds. 34 35 Motion carried unanimously. 36 37 B. Resolution 11 -069; To Approve a Request to Keep Chickens in an R -1 Zoning District. 38 39 Interim City Manager Hartman reported staff received a call from Ms. Kay Steffenson of 2816 40 Coolidge Street NE, asking what she needed to do in order to have chickens. Ms. Steffenson was 41 provided with City ordinance information about the approval process; however, Subsection 42 91.56 indicates: "whereby no person may keep swine, ..., or fowl, within the City nearer than 43 500 feet to any human habitation or platted land, without approval of City Council. 44 45 Ms. Kay Steffenson, 2816 Coolidge Street NE, appeared before the Council and requested 46 permission to raise chickens in her backyard. The plan would be to build a coop attached to the