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HomeMy WebLinkAboutCC MINUTES 061020251 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 43 44 45 46 47 48 49 50 51 CITY OF ST. ANTHONY CITY COUNCIL REGULAR MEETING MINUTES JUNE 10, 2025 I. CALL TO ORDER. Mayor Pro Tem Jenson called the meeting to order at 7:00 p.m. II. PLEDGE OF ALLEGIANCE. Mayor Pro Tem Jenson invited the Council and audience to join her in the Pledge of Allegiance. III. ROLL CALL. Present: Mayor Pro Tem Jenson, Councilmembers Doolan, Elnagdy, and Randle. Absent: Mayor Webster Also Present: City Manager Charlie Yunker and Ehlers Associates Senior Municipal Advisor Stacie Kvilvang. Others Present: None CONSIDERATION, DISCUSSION, AND POSSIBLE ACTION ON ALL OF THE FOLLOWING ITEMS. IV. APPROVAL OF JUNE 10, 2025 CITY COUNCIL MEETING AGENDA. Motion by Councilmember Doolan, seconded by Councilmember Randle, to approve the City Council Meeting Agenda of June 10, 2025, as presented. Motion carried 4-0. V. PROCLAMATIONS AND RECOGNITIONS - NONE. VI. CONSENT AGENDA. A. Approve May 13 2025 Council Meeting Minutes. B. License and Permits. C. Claims. D. Resolution 25-040 — Accepting Plans and Specifications and Ordering the Advertisement for Bids for the Roof Replacement Protects at the Municipal Liquor Stores and Public Works Facility. E. Resolution 25-041 — Approving the Off -Site Gambling License on Au ust 2 2025 for the Minnea olis Northeast Lions Club. Located at 3503 Silver Lake Road. Motion by Councilmember Elnagdy, seconded by Mayor Pro Tem Jenson, to approve the Consent Agenda items. Motion carried 4-0. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 City Council Regular Meeting Minutes June 10, 2025 Page 2 VII. PUBLIC HEARING. A. Resolution 25-043 — Approving On -Sale Intoxicating Liquor License for Rincon Catrachito Located at 2510 Kenzie Terrace. City Manager Charlie Yunker reviewed this is for a resolution to approve an On -Sale Intoxicating Liquor License for Rincon Catrachito located at 2510 Kenzie Terrace. The City limits the number of on -sale intoxicating liquor licenses; at any one time, the City shall not issue more than 4 on -sale intoxicating liquor licenses. Currently, there are three establishments with this type of liquor license. Staff has completed background checks, and staff is recommending approving the On -Sale Intoxicating Liquor License. Mayor Pro Tern Jenson opened the public hearing at 7:09 p.m. Mr. Yunker read a written statement from the applicant since he was unable to attend the meeting. Mayor Pro Tern Jenson closed the public hearing at 7:11 p.m. Motion by Councilmember Doolan, seconded by Councilmember Elnagdy, to approve Resolution 25-043 — Approving On -Sale Intoxicating Liquor License for Rincon Catrachito Located at 2510 Kenzie Terrace. Motion carried 4-0. VIII. REPORTS FROM COMMISSION AND STAFF - NONE. IX. GENERAL BUSINESS OF COUNCIL. A. Resolution 25-044 — Providing for the Sale of General Obligation Improvement Bonds, aeries 2025A. Ehlers Associates Senior Municipal Advisor Stacie Kvilvang reviewed an Executive Summary of the Proposed Debt. The proposed issue is for $1,725,000 General Obligation Improvement Bonds, Series 2025A. The proposed issue includes financing for the 2025 road and utility improvement projects. $630,000 Improvement Portion — This portion of the Bonds is being issued for 15 years. The City is utilizing $522,541 in utility funds (sewer/water and stormwater) and $122,270 in infrastructure funds up front to pay for portions of the project to reduce the amount of debt needed to finance the project and reduce the need for a higher on -going levy. Debt service will be paid from special assessments and taxes. The City intends to levy a total of $185,891 in special assessments to benefitting property owners and anticipates receiving no prepaid assessments. The special assessment will be collected in years 2026 to 2040 at a rate of 2% over the True Interest Costs of the Bonds. Annual assessments will be paid on an equal principal basis. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 City Council Regular Meeting Minutes June 10, 2025 Page 3 $1,095,000 Mill and Overlay Portion — This portion of the Bonds is being issued for a 10- year period. The City is utilizing $525,000 in existing TIF Funds from TIF Districts 3-5 to pay for the portion of 39th Avenue improvements that run through the TIF District. The size of bonds has been reduced to account for these funds. Debt service will be paid from special assessments and taxes. The City intends to levy a total of $447,513 in special assessments to benefit property owners, of which approximately $223,757 (50%) is anticipated to be collected in pre -paid assessments. The Bonds have been reduced by this amount accordingly. The remaining $223,756 of special assessments will be collected in the years 2026 to 2035 at a rate of 2% over the True Interest Costs of the Bonds. Annual assessments will be paid for on an equal principal basis. Ms. Kvilvang reviewed that the Bonds are being issued under Minnesota Statutes, Chapters 429 and 475. Because the City is assessing at least 20% of the project costs, the Bonds can be a general obligation without a referendum and will not count against the City's debt limit. The Bonds will be general obligations of the City for which its full faith, credit, and taxing powers are pledged. The Bonds are being issued for a term of 15 years. The principal on the Bonds will be due on February 1 in the years 2028 through 2041. Interest will be due every six months beginning August 1, 2026. The Bonds will be subject to prepayment at the discretion of the City on February 1, 2035 or any date thereafter. The City will be able to designate the Bonds as "bank qualified" obligations. The current rating on the bonds is "AA+". Councilmember Doolan asked what the value is for being AA+. She also asked Ms. Kvilvang to provide the interest rates due to the City's upgrade in rating. Ms. Kvilvang stated it is most likely 5-10 basis points. Mayor Pro Team thanked Ms. Kvilvang for her thoroughness and accuracy, and for helping the City with these bond sales. Motion by Councilmember Elnagdy, seconded by Councilmember Doolan, to approve Resolution 25-044 — Providing for the Sale of General Obligation Improvement Bonds, Series 2025A. Motion carried 4-0. X. REPORTS FROM CITY MANAGER AND COUNCIL MEMBERS. City Manager Yunker had no report. Councilmember Randle stated on May 29 that he attended the Sister Cities Meeting. More Finnish representatives are coming to the USA this year, and the Ambassador of Finland will be here July 26-30, 2025. A picnic is planned with City Staff and other representatives. Councilmember Doolan reported that on May 15, she attended the Met Council Land Use Advisory Commission. On June 9, she participated in Ramsey County's Active Living group. Councilmember Elnagdy had no report. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 City Council Regular Meeting Minutes June 10, 2025 Page 4 Mayor Pro Tem Jenson had no report. XI. COMMUNITY FORUM - NONE. No one appeared to address the City Council. XII. INFORMATION AND ANNOUNCEMENTS. A. Future Agenda Items The next Regular Council Meeting will be held on June 24, 2025. XIII. ADJOURNMENT. Motion by Councilmember Randle, seconded by Councilmember Doolan, to adjourn the June 10, 2025, City Council Meeting. The Regular Meeting of the City Council was adjourned at 7:25 p.m. Respectfully submitted, Debbie Wolfe TimeSaver Off Site Secretarial, Inc. ATTEST: City Cle1v Mayor Motion carried 4-0.