07-26-1993 CC MIN - Laserfiche WebLink

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. . . City Council Meeting July 26, 1993 Page 7 10. Staff Updates The City Administrator indicated that the City received two quotes for the City Hall plaque. The lower quote was from Sign Solutions at $740.39. COUNCILMEMBER DIETZ MOVED TO AWARD THE BID FOR THE CITY HALL PLAQUE TO SIGN SOLUTIONS, INC., FOR $740.39. COUNCILMEMBER HOLMGREN SECONDED THE MOTION. THE MOTION CARRIED 4-0. The City Administrator informed the Council that the land transactions have taken place between Rick Foster and the City of Elk River. The City purchased a parcel of land for the water tower site at $10,000 from Rick Foster and sold a parcel of property along Highway 169, north of the MnDOT location, to Rick Foster for $15,000. The City Administrator questioned whether it would be appropriate to request that Elk River Utilities pay for the water tower property. It was the consensus of the Council to request $10,000 from Utilities for payment of the water tower site. Discussion was held on the use of the $15,000 received from the property sold to Mr. Foster. Suggestions included equipment reserves to be used for major, unbudgeted equipment repairs, paying off equipment certificates, and for parks. No decision was made at this time regarding the placement of the $15,000. The City Administrator distributed a handout from the Minnesota Department of Revenue explaining the Local Government Aid formula. He indicated that he does not believe that the formula benefits the City of Elk River as much as was indicated by Representative Klinzing on July 12. The City Administrator informed the Council that the Palmer conditional use permit would be before the Council on August 16. The City Administrator informed the Council that Bonanza Restaurant has approached the City regarding the high WAC and SAC fees. He indicated that Bonanza Restaurant has a high usage rate and, therefore, the WAC and SAC fees would be quite high. He suggested allowing Bonanza to pay these fees through some type of payment system. It was the consensus of the Council to authorize the City Administrator to talk to the City Attorney and to draw up a payment plan for Bonanza Restaurant and other businesses that would have high SAC and WAC fees that may come into Elk River.