HomeMy WebLinkAboutCC MINUTES 05282013I CITY OF ST. ANTHONY
2 CITY COUNCIL REGULAR MEETING MINUTES
3 MA Y 28 , 2013
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5 CALL TO ORDER.
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7 Mayor Faust called the meeting to order at 7:00 p.m.
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9 PLEDGE OF ALLEGIANCE.
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II Mayor Faust invited the Council and audience to join him in the Pledge of Allegiance.
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13 ROLL CALL.
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IS Present: Mayor Faust; Councilmembers Gray, Jenson , and Stille .
Councilmember Roth 16 Absent:
17 Also Present: City Manager Mark Casey and Fire Chief John Malenick ,
18 Guests: Jon Sitzmann, CenterPoint Energy, and Stacie Kvilvang (Ehlers & Associates
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CONSIDERATION, DISCUSSION, AND POSSIBLE ACTION ON ALL OF THE FOLLOWING
ITEMS.
I. APPROVAL OF MAY 28, 2013 CITY COUNCIL MEETING AGENDA.
Motion by Councilmember Gray, seconded by Council member Jenson, to approve the City
Council Meeting Agenda of May 28, 2013.
Motion carried unanimously.
II. PROCLAMATIONS AND RECOGNITIONS -NONE.
A. Presentation of a "Community Partnership Grant" from CenterPoint Energy for the St.
Anthony Fire Department. John Malenick, Fire Chief, and Jon Sitzmann, CenterPoint
Energy are presenting.
Fire Chief Malenick thanked CenterPoint Energy for the grant of $1 ,300. This grant will allow
them to replace parts in the gas meters and other equipment repairs and also purchase LED
flashlights. He also thanked Joe Basara in the Fire Department for his work in obtaining this
grant.
Mr. John Sitzmann, CenterPoint Energy , stated the grant program reached $1 M this year. Over
the past years, more than 560 projects have been supported with grant monies.
Mayor Faust noted Mr. Sitzmann is a resident of the City and he thanked CenterPoint for this
grant.
48 III.
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CONSENT AGENDA.
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City Council Regular Meeting Minutes
May 28, 2013
Page 2
IV.
A. Consider May 14.2013, Council meeting minutes;
8. Consider licenses and permits;
C. Consider payment of claims:
D. Resolution 13-041; Approving the Memorandum of Understanding with the St. Anthony-
New Brighton Schoo l District #2 82 for the 2013 General Election: and
E. Resolution 13-042; Accepting a Community Partnership Grant from CenterPoint Energy
for the St. Anthony Fire Department.
Motion by Councilmember Jenson , seconded by Councilmember Gray, to approve the Consent
Agenda items.
Motion carried unanimously.
PUBLIC HEARING
A. Resolution 13-043: Giving Preliminary Approval to the Iss uance of Multifamily Housing
Revenue Bond Pursuant to Minnesota Statutes. Chapters 462A and 462C, on Behalf of
St. Anthony Leased Housing Associates 1/, Limited Partnership. Stacie K vilvang, Ehlers
& Associates is presenting.
Mayor Faust opened the public hearing at 7:06 p.m.
Ms. Stacie Kvilvang , Ehlers & Associates, reviewed the City ha s received a request from St.
Anthony Leased Housing Associates 1/ Limited Partnership (the "Borrower") that the City issue
revenue bonds under Minnesota Statutes, Chapter 462C. The proceeds will be loaned by the
City to Borrower and used to finance a senior rental housing development containing
approximately 170 units as part of the Silver Lake Village Redevelopment. The Borrower is a
single purpose entity limited partnership formed by Dominium Development in connection with
the proposed development.
The bonds are proposed to be issued in one or more series in the aggregate principal amount of
up to $18 ,750 ,000. The debt service on the bonds will be payable so lely from payments to be
made by the Borrower and the City will have no liability with respect to payment on the bonds .
The City will have limited li ability with respect to how the proceeds are spent, timing of
expenditures and arbitrage calculations and reporting. Since arbitrage calculations were not
completed by the borrower on their prior conduit bonds for another project. Ehlers was required
to complete them for audit purposes. We recommend that the City require that the Borrower
retain the City's financial advisory firm to complete the arbitrage calculations for the bonds as
needed to assure they are completed and to les se n any liability for the City with regards to the
bonds, if they are ever audited by the IRS .
The Borrower will pay all City expenses with respect to the bonds (legal and financial advisor),
and upon issuance of the bonds will pay the City a fee equal to 1% of the principal amount of the
bonds in accordance with the City's policy for issuance of revenue bonds. Based upon the
proposed amount, this fee would be approximately $187,500. These funds would be unrestricted
City Council Regular Meeting Minutes
May 28, 20\3
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30 V.
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and can be utilized by the City for any purposes. The Council should have a discussion on the
appropriate use for these funds at a work session to provide staff with direction accordingly.
It was noted that representatives of the Borrower were in attendance at the May 28 th City Council
meeting to respond to questions concerning the proposed bonds. To proceed with the proposed
bond issue following the public hearing, the Council should adopt the attached resolution
approving the issuance of the bonds and approving the housing program for the proposed
development and its financing prepared in accordance with Minnesota Statutes, Chapter 462C.
Mayor Faust invited anyone wishing to address the Council during the public hearing to come
forward.
There being no additional public input , Mayor Faust closed the public hearing at 7:09 p.m.
Councilmember Stille asked for a comparison to the Landings Project. Ms. Kvilvang explained
the details of the Landings Project. Councilmember Stille noted the reason this is being done is
because it is a no risk project for the City and there is an affordability component for the
residents. The City also receives the $187 ,500 fee.
Councilmember Jenson asked if the 1% fee is an adequate amount. Ms. Kvilvang answered in
the affirrnati ve.
Motion by Councilmember Stille, seconded by Councilmember Jenson, to approve Resolution
\3-043; Giving Preliminary Approval to the Issuance of Multifamily Housing Revenue Bond
Pursuant to Minnesota Statutes, Chapters 462A and 462C, on Behalf of St. Anthony Leased
Housing Associates II, Limited Partnership.
Motion carried unanimously.
REPORTS FROM COMMISSION AND STAFF
No reports
GENERAL BUSINESS OF COUNCIL.
A. Green Corp Update. Nick Voss, Green Corp Member is presenting.
Mr. Nick Voss, Green Corp Member, presented a MN GreenCorps Update for January -May,
2013. He noted this will be his last presentation and indicated he feels he has become a member
of the community through his work in St. Anthony. He reviewed:
WastelRecycling
School Recycling
St. Anthony City Hall Waste/Recycling Study
Diamond Eight Terrace Signage
Kenzington Signage
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City Council Regular Meeting Minutes
May 28 , 2013
Page 4
Stormwater
RaingardeniShoreline Restoration -April 17th
Rainbarrel Workshop -May 30th
Carp Removal
Pet Waste Campaign: The "Doo-doo Crew"
Clean-up Day: May 4th
City Clean-up Day Cover Flier
Summary -Tangible Results
Challenges
Goa ls
Mr. Voss thanked those in the schools who he had the pleasure to meet and partner with. Mr.
Voss stated information has been placed on the City 's website regarding the efforts. He noted he
collaborated with 30+ entities on the projects and complimented the City on its sustainability
efforts.
Counci lm ember Gray thanked Mr. Voss for his creativity and energy.
Councilmember Jenson commended Mr. Voss on the number of activities planned and noted he
had exceeded expectations.
22 Mr. Voss stated he will be pursuing a graduate degree at UW-Steven's Point in Environmental
23 Education.
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25 Councilmember Stille thanked Mr. Voss for his efforts and his ability to wrap his arms around
26 the whole sustainabi lity concept.
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28 On behalfofthe residents ofSt. Anthony , Mayor Faust thanked Mr. Voss for his work with the
29 schools on the projects and commended him for collaborating with 30+ entities. Mayor Faust
30 noted all of the things Mr. Voss undertook were of no cost to the City ofSt. Anthony.
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32 VII. REPORTS FROM CITY MANAGER AND COUNCIL MEMBERS.
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34 City Manager Casey reported on the following:
35 • Tuesday, May 21 presented the annual report to the Chamber of Commerce.
36 • Took part in ribbon cutting May 23'd
37 • June 11 there wi 11 be a presentation from Hennepin County Emergency Director.
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39 Councilmember Stille -no report.
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Council member Gray -no report .
Councilmember Jenson -no report.
Mayor Faust reported on his attendance at the following events:
• City Manager Casey's presentation. Senator Goodwin was present at the meeting.
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City Council Regular Meeting Minutes
May 28, 2013
Page 5
• Silver Lake Village's Nancy's Nifty Thrifty Boutique open house. He noted Silver Lake
Village is somewhat strict on the types of businesses they let into the Village.
VIII. COMMUNITY FORUM.
Mayor Faust invited residents to come forward at this time and address the Council on items that
are not on the regular agenda.
Hearing none, Mayor Faust moved forward with the agenda.
IX. INFORMATION AND ANNOUNCEMENTS.
Mayor Faust noted St. Anthony was li s ted in the bill of Local Government Aid. The City is
scheduled to receive some monies in July 2014 ($470 ,000 +) and will make a plan on how to use
these funds.
Councilmember Jenson stated it is beneficial that the City has 14 months to decide how these
funds will be used.
Mayor Faust stated no new staff is needed. Councilmember Stille agreed.
City Manager Casey stated these monies will make St. Anthony more financially stable. Staff
will make recommendations to better balance the City's financials.
X. ADJOURNMENT.
Mayor Faust adjourned the meeting at 7:50 p.m.
Respectfully s ubmitted ,
Debbie Wolfe
TimeSaver OjJSile Secretarial, Inc.
ATTEST: Vt,u bdfij!f:u 1dki..
City Clerk