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<br />. <br /> <br />. <br /> <br />. <br /> <br />City Council Minutes <br />september 8, 1992 <br /> <br />Page 7 <br /> <br />$14,524 which could also be cancelled because of a surplus on hand from <br />prepaid special assessments. <br /> <br />COUNCI LMEMBER HOLMGREN MOVED TO CANCEL THE 1985 <br />IMPROVEMENT BOND AND THE 1986 IMPROVEMENT BOND LEVIES. <br />DIETZ SECONDED THE MOTION. THE MOTION CARRIED 5-0. <br /> <br />REFUNDING AND <br />COUNCILMEMBER <br /> <br />It was agreed that the remaining items in the August 26, 1992, Item 7.7 <br />memo be discussed at a later date. <br /> <br />Pat Klaers reviewed the Item 7.8, August 26, 1992, memo. <br />made decisions on each of the items outlined in the memo. <br /> <br />The Council <br /> <br />1. Consensus was reached that the levy for the 1985 G.O. Bonds be <br />cancelled and transferred to the General Fund. <br /> <br />2. The Council would not request an increase in the annual Utilities <br />contribution but would request $30,000 for the fire equipment van. <br /> <br />3. The Council would contribute $2,000 to the Chamber of Commerce and <br />the EDA would be asked to contribute $5,600 ($4,000 for the Fourth <br />of July from the 1993 budget and $1,600 for signs from the 1992 <br />budget) which is $2,000 less than the Chamber request. <br /> <br />4. <br /> <br />The City will contribute $5,000 to the Arts Council on a matching <br />fund basis. <br /> <br />5. The Council will pay for a $100 membership to the Sherburne County <br />Historical Society. <br /> <br />6. The Council agreed to add $17,200 in Transfers-In from the <br />Equipment Reserve for capital outlay expenditures. The Council <br />further requested that each proposed capital outlay item be <br />reviewed by the Council prior to being purchased. <br /> <br />7. The Council agreed that the data processing capital outlay <br />purchase be excluded from the General Fund budget. <br /> <br />8. A fire department equipment van purchase was authorized to be <br />financed as previously stated. (See the end of page 5). <br /> <br />9. <br /> <br />Additional Retirement Funds will be available <br />Association within the Council contingency fund <br />will be evaluated in July. <br /> <br />to the Fire Relief <br />and any requests <br /> <br />10. <br /> <br />The Council agreed with the proposed method <br />Western Area assessments as previously discussed. <br /> <br />of financing the <br />(see page 6). <br /> <br />11. No additional transfer will be made from the Street Reserve fund. <br /> <br />12. The Council agreed that an additional <br />transferred in from the Liquor Store. <br /> <br />$13,050 <br /> <br />should <br /> <br />be <br />