2005.04.04 CC Minutes - Laserfiche WebLink

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City Council meeting of April 4, 2005 Page 2 APPROVE RESOLUTION SETTING SALE DATE FOR $7.975 MILLION DOLLAR TAX ABATEMENT BONDS Finance Director Ron Otkin has worked with the City's financial advisor, Springsted, and bond counsel, Briggs and Morgan, to size and structure tax abatement bonds to finance the City's share of the CSAH 8/14, Oneka Parkway Improvement Project. The bond issue amounts to $7,975,000 and will be repaid over a period of twenty years, with repayment being split equally between the City and the White Bear Lake School District No. 624. Adoption of the Consent Agenda adopted Resolution 2005-13 setting the bond sale date for April 18, 2005. APPROVE MEDICAL DIRECTION AGREEMENT WITH REGIONS HOSPITAL FOR HFD Over the past several months, Fire Chief Jim Compton has been working with officials from Regions Hospital to provide an updated Medical Direction Agreement. The new agreement has been drafted to reflect current policies and procedures used by other municipalities utilizing the emergency services of the hospital. Adoption of the Consent Agenda approved the Medical Direction Agreement with Regions Hospital for the Hugo Fire Department. AUTHORIZE ADVERTISEMENT OF BID FOR 2005 GRAVEL PROJECT Each year, the City of Hugo re -gravels a portion of its gravel roads with 4" of new aggregate. Staff seeks authorization from the City Council to advertise for the 2005 graveling project. Bids would then be awarded in May 2005 and work would take place during the month of June. Adoption of the Consent Agenda authorized advertisement of bid for 2005 gravel project. APPROVE PURCHASE AND INSTALLATION OF SNOW GUARDS FOR PW FACILITY At a recent Public Works Building Committee meeting, Council members Mike Granger and Frank Puleo discussed with PW Director Chris Petree and City Administrator Mike Ericson the need to install snow guards on the roof of the new public works facility. The snow guards were not included in the original bid. Metal standing seam roofs require the installation of snow guards in areas where snow will slide off after the roof is heated by the sun. Adoption of the Consent Agenda approved contracting with Metro Building Systems to install a dual rail snow guard system on the public works facility at an amount of $17,600. APPROVE RESOLUTION FOR ADJUSTED 2005 WATER RATES Each year, the City's finance department reviews water rates in conjunction with operating and maintaining the City's water system. Finance Director Ron Otkin completed the rate study and recommended that water rates be adjusted to partially offset the debt service costs for the new public works facility. Adoption of the Consent Agenda adopted Resolution 2005-14 establishing water rates. APPROVE REVISED TIF AND DEVELOPMENT AGREEMENT FOR NORTHROP CIC Northrop Development LLC, owns the property and building located on Lot 1, Block 1, Bald Eagle Industrial Park, 3rd Addition. They are proposing to sell half of the building to Frozen Ponds, LLC, a hockey equipment manufacturing company. Northrop Development has obligations under the TIF