2007.12.03 CC Minutes - Laserfiche WebLink

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City Council meeting of December 3, 2007 Page 3 Adoption of the Consent Agenda approved the Supplemental Law Enforcement Agreement with the Ramsey County Sheriffs Department for enforcement on Bald Eagle Lake. Contractor Property Developers Company (CPDC) has requested the City accept the constructed public improvements for the Victor Garden North 3`d subdivision. Acceptance of the improvements would begin a one-year warranty period. At the end of one year, the project would be considered complete and maintenance activities would become the responsibility of the City. The developer has also requested a reduction to their letter of credit being held for the public improvements to the minimum of 10% of the original amount. The City would continue to hold a letter of credit in the amount equal to 10% of the cost of the improvements, or $36,990 for the improvements during the one-year warranty period. Adoption of the Consent Agenda accepted the public improvements in the Victor Gardens North Yd subdivision and reduced the letter of credit to $36,990 for the improvements during the one-year period. APPROVE FINAL ACCEPTANCE OF PUBLIC IMPROVEMENTS IN PHASES OF THE WATERS EDGE SUBDIVISION Pulte Homes of Minnesota, developer, has requested the City accept the constructed public improvements for the following phases of the Waters Edge development: Waters Edge; Waters Edge P; Waters Edge 4d'; Waters Edge South; Waters Edge South 2"d; Waters Edge South P; and Waters Edge South 4°i. Acceptance of the improvements would begin a one-year warranty period. At the end of the warranty, the project would be considered complete and maintenance activities would become the responsibility of the City. The City will continue to hold the existing Letters of Credit until the end of the one year warranty period. Adoption of the Consent Agenda accepted the constructed public improvements for the following phases of the Waters Edge development: Waters Edge; Waters Edge 3rd; Waters Edge 4d'- Waters Edge South; Waters Edge South 2°d; Waters Edge South P; and Waters Edge South 4d'. PROPOSED 2008 CITY BUDGET — TRUTH IN TAXATION PUBLIC HEARING At its September 4, 2007 meeting, Council was presented with a proposed 2008 City budget by Finance Director Ron Otkin. As directed by Council, the Finance Department prepared a proposed City budget, which reflects a'h of 1% reduction in the City's tax rate. The preliminary tax levy was set by Council at $5,189,598 and certified to Washington County by the September 15, 2007 deadline. As per Minnesota Statute, the City of Hugo is required to hold a Truth in Taxation public hearing in order to take public comment on the proposed City budget. Highlights of the proposed 2008 budget include a reduction in the City's tax capacity rate for the 5d' consecutive year, totaling more than 9% in the tax rate reduction over that five year period. Ron provided Council with a PowerPoint presentation of the proposed 2008 City budget, after which Mayor Miron opened the public hearing to take public comment. Jess Roush, 4776 126d' Street, because of an increase in his property tax, asked that Council look further for possible budget cuts.