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2017.07.17 CC Packet
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2017.07.17 CC Packet
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City Council
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Agenda/Packets
Meeting Date
7/17/2017
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Regular
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Hugo City Council Meeting Minutes for July 5, 2017 <br />Page 4 of 5 <br />Approve Time Change for the Historical Commission Meetings <br />The Hugo Historical Commission had held their meetings on the third Tuesday of the month at <br />6:30 p.m. Members of the Commission discussed the meeting time and whether it was the still <br />the best time for everyone's schedule. The Commission elected to meet earlier in the day at 1 <br />p.m. Adoption of the Consent Agenda approved the change in time for the meetings of the <br />Historical Commission from 6:30 p.m. to 1 p.m. <br />Public Hearing on the Issuance of Therapy Facilities Revenue Bonds — Minnesota Autism <br />Center Proiect <br />A public hearing was held on June 5, 2017 on the proposal to issue these bonds; however, the <br />hearing was invalid due to lack of public notice. Finance Director Ron Otkin explained that at <br />the June 19, 2017, City Council meeting, the Council adopted a resolution calling for a public <br />hearing on a proposal to Issue Therapy Facilities Revenue Bonds in an amount of no more than <br />$5.1 million, on behalf of the Autism Opportunities Foundation, a Minnesota nonprofit <br />corporation doing business as the Minnesota Autism Center (the "Borrower"). The bond <br />proceeds would be used to finance the acquisition, construction, and equipping of an intensive <br />therapy center for children and adults ages 10 to 21 diagnosed with autism spectrum disorder <br />("ASD"). The project will be located at 2010 Silver Bell Road in Eagan, Minnesota. The <br />Borrower had agreed to pay the City of Hugo an issuer's administrative fee of/a of 1% of the <br />principal amount of the bonds. Briggs and Morgan, the City's bond counsel, had reviewed this <br />request and found it to be a proper use of the City's bonding authority. The City would only be <br />serving as the bond issuer and will have no obligations for repaying investors. <br />Weidt opened the public hearing. There were no comments, and Weidt closed the public hearing. <br />Haas made motion, Miron seconded, to approve RESOLUTION NO. 2017-23 APPROVING <br />ISSUANCE AND SALE OF THERAPY FACILITIES REVENUE BONDS (Minnesota autism <br />center Project) series 2017. <br />All Ayes. Motion carried. <br />Yellow Ribbon Network Update <br />Council Members Chuck Haas and Phil Klein reported to Council on the City of Hugo's Yellow <br />Ribbon Network activities. Burger night was held last Wednesday, and over 200 burger baskets <br />were sold. Mark Schwope was the sponsor. Upcoming sponsors include the Hugo Public Works <br />Department, Senate District Republicans, Mueller Mortuary, and Wilson Tool. On July 15, a <br />YRN crew will be assisting a veteran move to Woodbury. The Hugo Lions Club will hold a golf <br />outing on August 12, 2017, with proceeds going to the YRN. <br />Dream of Wild Health Event on July 13, 2017 <br />Petryk added this to the agenda to inquire whether the Council was interested in attending the <br />presentation of the award of the Legacy Grant to the Dream of Wild Health on Thursday, July <br />13, 2017 11 a.m. The Dream of Wild Health is located at 16085 Jeffrey Avenue. <br />
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