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<br />. <br /> <br />. <br /> <br />. <br /> <br />Capital Improvement Council Minutes <br />March 30, 1993 <br />Page 3 <br /> <br />Mayor Duitsman recessed the regular meeting of the City Council at 8:30 p.m. <br />for the Executive Session. <br /> <br />The City Council reconvened at 9:00 p.m. <br /> <br />Pat Klaers began the review of available finances for projects and indicated <br />MSA funds have been used extensively in the last several years and that <br />limited funds are available for projects in 1993 and 1994. Councilmember <br />Holmgren indicated that the School street and Jackson Avenue intersection is <br />high on his priority list and felt that it should be expanded to four lanes <br />with a signal by September 1, 1993. The City Council agreed to have Terry <br />Maurer examine the feasibility of this project and report back to the <br />Council on April 19. Terry Maurer indicated that there is a possibility <br />that remaining State turn back funds could be used for this intersection. <br />He also stated that 1994 MSA funds could be encumbered for the School Street <br />and Jackson Avenue intersection. <br /> <br />Discussion on the Capital Project Fund finances was held. Mayor Duitsman <br />requested that staff pursue getting the right-of-way for the 173rd/175th <br />improvement project so that when finances become available, the City could <br />begin this project. <br /> <br />Councilmember Scheel indicated that she had received complaints from <br />residents on the condition of Concord Street and that the residents wanted <br />the street improved. Pat Klaers indicated that the City would do the <br />project if the residents requested it. Currently, Concord Street is a <br />private road. <br /> <br />Street Reserve fund finances were discussed. The Council indicated that the <br />first priority from this fund was 221st Street, the liquor store road was <br />second, and Third Street and Gates Avenue was the third priority. <br /> <br />City Hall Reserve finances <br />was acceptable for $50,000 of <br />Hall site to UPA be placed <br />Council concurred. <br /> <br />were discussed. Mayor Duitsman stated that it <br />the revenues from the sale of the old City <br />back into the City Hall Reserve fund. The City <br /> <br />Equipment Reserve and Park Dedication finances were briefly discussed. <br /> <br />COUNCILMEMBER DIETZ MOVED TO ADJOURN <br />COUNCILMEMBER HOLMGREN SECONDED THE MOTION. <br /> <br />THE CITY COUNCIL MEETING. <br />THE MOTION CARRIED 5-0. <br /> <br />Xhe meeting of the Elk River City Council adjourned at 9:50 p.m. <br /> <br />Respectfully submitted, <br /> <br />.~l lY\A.- Qvh-1~ (~bc) <br /> <br />Lori Johnson <br />Finance Director <br />