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EVEWFON (ftom page 1) FINANCIAL (ftom Page 1) <br /> The loan will significantly lower the and Rask is currently working with Fifield believes that the financial <br /> cost of the overall project for Hugo, City staff and consultants to develop prospects for the City's future are very <br /> because the City will not have to issue a plan to ensure public participation. bright. "If we continue to do the <br /> bonds for the project. things we're doing — good planning, <br /> City Administrator Mike Ericson calls conservative budgeting—we're clearly <br /> The overall cost of the project is esti- the Everton Avenue study an on the path to getting an even higher <br /> mated at $279,091. While the City "unheard of partnership between the bond rating in the <br /> will have to pay the upfront cost of City, developers, and homeowners." future. What <br /> the study, it will ultimately be reim- He adds, "It is a proactive way to plan that means for <br /> bursed by assessing a surcharge to for the City's future." A special the residents <br /> property owners and developers in the newsletter has been started by the <br /> is that we'll <br /> Everton Avenue neighborhood at the City of Hugo for residents and be able to <br /> time they develop their property. landowners interested in planning b o r r o w <br /> � <br /> issues in the Everton Avenue neigh- money at alower cost." <br /> Community Development Director borhood. Any interested citizen may <br /> John Rask will serve as project man- request to be included on the mailing <br /> ager and will be the primary Hugo list by contacting Michele at the City <br /> staff contact with the local engineer- of Hugo (429-6676). The newsletter <br /> ing and planning firms hired to com- and other timely information will also <br /> plete a majority of the work. be available on Hugo's web site, <br /> Involvement by residents and land www.ci.hugo.mn.us. <br /> owners is a crucial part of the process, <br /> FROM 00GO1NG WARD 2IApG <br /> �E7TER FROM OUTGOING CO <br /> LET1�RBER!IM LEROUX MEMBER q1' E DEBRA UNCIL <br /> COUNCIL BARNES <br /> Mixed emotions result from my <br /> decision to not seek Dear friends &Neighbors, <br /> to the Hugo City Council. One would <br /> I can <br /> re-election hardly believe that 9 years has <br /> hope Council members recognize the andlor ly. Serving past b so <br /> h pgas your Council Y quick- <br /> diminish aside as we age and our capabilitiesg g Member at Large <br /> archaic- Service has been both challen sir rbienc an immensely educational and re g has <br /> become opportunity top e, and I take this o Warding exile_ <br /> and rewarding- I have had the opp opportunity to thank <br /> ecificall you for <br /> reat I also sp y thank those of <br /> 'vel participate in the present and future <br /> excellent of a elent attended u You who <br /> tt Y P with so Public meetings,sent letters have <br /> community while working The resulting friend- e-mails over the <br /> g years in an effort to called, or sent <br /> teams of Council and Staff. City government. Withoyourut participate in <br /> ships are priceless. tion and encouragement, this j b would <br /> participa- <br /> orted me during sable. d not be pos_ <br /> "I'o my constituents,who have itudep. You have made <br /> my tenure,I extend deep g you all, <br /> surmountable and the rewards <br /> alwa s Deb wishes to <br /> the challengesfamily, which Y Barnes <br /> satisfying. I also thank mY <br /> stood behind me, and I now return to invest more <br /> time with them. <br /> Jim Leroux <br />