1988.01.19 CC Minutes - Laserfiche WebLink

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City Council meeting of 1/19/88 8.2 AUTHORIZE THE SALE OF EQUIPMENT CERTIFICATE As per previous Council discussion, we have explored the possibility of the sale of $60,000.00 worth of equipment certificates of indebtedness to fund needed public safety equipment for the City of Hugo. In the past, the city has leased a sheriff's squad car from Washington County as per our law enforcement agreement. As was discussed earlier, there are some definite financial advantages to the city in purchasing its own vehicle and leasing it back to Washington County. I have discussed the various financing possibilities with the city's financial consultant, Mr. Bill Fahey, and he concurs that one of the viable options for the city is the sale of equipment certificates of indebtedness. He also suggested that there may .be some other financing options available to us with regard to any future city borrowing. Pending Council action on the purchase of a sheriff's squad car, it is necessary for the staff to proceed with the necessary steps to finance this public safety equipment over the next T to 4 years. The proposed $60,000 in equipment certificates would be utilized to purchase a sheriff's car in 1988, 1989, and 1990. It would also allow for the purchase of a pickup truck for use by public safety and public works personnel. Repayment of this financing is permitted by special levy as per Minnesota Statutes. The enclosed resolution allows the use of equipment certificates to finance this effort if more financially desirable arrangements are not available. Vail made motion, Olson seconded, to adopt RESOLUTION 1988-6, RESOLUTION CALLING FOR SEALED QUOTATIONS FOR SALE OF EQUIPMENT CERTIFICATES. All aye. Motion Carried. 8.3 LAW ENFORCEMENT SERVICES AGREEMENT (1988) Enclosed is the newly proposed law enforcement services agreement with Washington County for services to be provided in the 1988 calendar year. The major change in the contract from the previous year can be found in Article 1II, #11, which deals with the purchase of a police squad car and leasing it back; to Washington County. Upon further review of the agreement by the city administrator, Kien Huber, it was determined that this matter should be dropped from the agenda until clarification of certain items is obtained. 8.4 CITY ASSESSOR SERVICE AGREEMENT The city staff, using the recommended format provided by the city attorney, has prepared a service agreement formally contracting for services of the city assessor. The city will be paying the assessor $4.34 per parcel assessed or reassessed in 1988. The city has budgeted $8,185.00 for the 1988 fiscal year, and the actual cost may vary depending on the number of parcels assessed. The city has had an unwritten agreement with Mr. Francis Langer for a number of years, and it is now desirable to put this arrangement in a formal, contractural document. This agreement has been reviewed by Mr. Langer, and he does consent to the language in the agreement. Potts made motion, Peltier seconded, that the Mayor and Clerk be authorized to sign the Service Agreement #1-1988 between the City of Hugo and the city's assessor, Francis Langer. All aye. Motion Carried.