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City Council DTinutes <br />October 3, ?011 <br />Page 4 <br />6.5. t-pdate to the Cin- of Elk Ri~-er Debt Polic-~- <br />l~Ir. Simon presented the staff report. He stated Ehlers has also revie~x-ed the updates made <br />to our current polio and liked the ~t-a~- it is more detailed and addressed the items from the <br />last rating call. <br />MOVED BY COUNCILIt2EMBER ZERWAS AND SECONDED BY <br />COUNCILMEMBER GUIIIPHREY TO APPROVE THE UPDATE TO THE <br />CITY OF ELK RIVER DEBT POLICY AS OUTLINED IN THE STAFF <br />REPORT. MOTION CARRIED 5-0. <br />6.6. Discuss Council ~Z'orksession _~gendas <br />~4r. Thistle presented the staff report. He asked the council if they would want to add <br />regular city items to the Oct. 10 worksession as the joint meeting «-ith the school board <br />wouldn't be very- long. <br />Council agreed they could add other items to the Oct. 10 worksession if necessary. <br />I\layor Dietz asked to discuss the commercial resei-~-e district on the November 14 <br />worksession. <br />6.7. Yellow Ribbon Citv <br />Dlayor Dietz explained the Yellow Ribbon Cite, which is a city which tries to identify- and <br />assist families who have military personnel deployed somewhere in the world. He would like • <br />city leaders and perhaps staff could participate and show support in this program. <br />Council agreed this would be a good program to support and which wouldn't cost the city <br />any money. <br />RECESS TO WORKSESSION <br />Council recessed to worksession at 7:16 p.m. and reconvened in the Utilities conference <br />room at 7:25 p.m. <br />7.1. Enterprise Fund Budgets (Liquor and Wastewater <br />Mr. Simon presented the staff report. <br />Liquor <br />Mr. Potvin reviewed the liquor operations goals for 2012. Mr. Simon reviewed the 5 year <br />projections on the fund and Mr. Potvin answered questions from the council. <br />i~a.rtesvater <br />Mr. Stevens reviewed the wastewater goals for 2012. Mr. Simon presented a 12 year financial <br />model on the waste water fund and discussed a 1.5% rate increase and the 2% increase to <br />sewer access connection charges. Council concurred with the recommendations. Staff also <br />reviewed in depth the capital projects and answered questions from the council. <br />• <br />