05-31-1994 CC MIN - Laserfiche WebLink

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City Council Minutes May 31. 1994 Page 2 e November and December. She indicated that this creates a deficit in the fund balance during certain times of the year. An increase in the fund balance would eliminate the cash deficit. Gary Groen indicated that the City should strive for a minimum fund balance of 35%. Mr. Groen indicated that the increase of 1 % is positive, but is not enough for a cash flow in the general fund. Gary Groen continued reviewing other areas of the audit including special revenue funds, debt service funds, capital projects funds and enterprise funds. Pat Klaers, City Administrator, stated that the Council deserves credit for the good audit report and also thanked Lori Johnson and the finance department for its management of city funds. COUNCILMEMBER DIETZ MOVED TO ACCEPT THE 1993 CITY AUDIT REPORT. COUNCILMEMBER HOLMGREN SECONDED THE MOTION. THE MOTION CARRIED 4-0. 6.1. Prooosed new location for Sherburne County Growers Association at Elk River Mall - CU 94-12 City Administrator, Pat Klaers indicated that the Sherburne County Grower's Association have made a request to relocate the Farmer's Market from the previously approved location at the Elk River Mall. e COUNCILMEMBER DIETZ MOVED TO APPROVE THE RELOCATION OF THE FARMER'S MARKET AT THE ELK RIVER MALL WITH THE SAME STIPULATIONS AS ORIGINALLY PLACED ON THE CONDITIONAL USE PERMIT. COUNCILMEMBER SCHEEL SECONDED THE MOTION. THE MOTION CARRIED 4-0. 9.1. Neiahborhood Comolaint at Gates A venue Councilmember Holmgren indicated that he has received many complaints on a property located on Gates A venue in relation to the length of grass, unfinished building projects, and the number of cars on the lot. He requested staff to look into this matter. 7.2. Consider Elk Park Center Bids for Internal and External Drainaae and Street Imorovements City Administrator. Pat Klaers, informed the Council that the City received six bids for the internal and external street and storm drainage improvements associated with the Elk Park Center project. He stated that the City Engineer is recommending that the Council accept the low bidder. Forest Lake Contracting, Inc. at $1,673,878.71. COUNCILMEMBER DIETZ MOVED TO ADOPT RESOLUTION 94-60, A RESOLUTION ACCEPTING BID AND AUTHORIZING EXECUTION OF CONTRACT IN THE MATTER OF THE SCHOOL STREET, JACKSON AVENUE, FREEPORT AVENUE, AND TH 169 AND TH 10 TURN LANES IMPROVEMENT OF 1994. COUNCILMEMBER HOLMGREN SECONDED THE MOTION. THE MOTION CARRIED 4-0. e 6. aoen Mike No one appeared for this item.