03-21-1988 CC MIN - Laserfiche WebLink

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Page 2 City Council Minutes March 21. 1988 e S.l.Bond Sale Date The City's Bond Consultant. Dave MacGillivray. of Springsted Inc.. presented the Council with a resolution that would allow the issuance and sale of $1.180.000 G.O. Improvement Bonds. He noted that the bonds would be for the Main Street. Jackson Avenue and Royal Oaks projects. The sale of the bonds will take place on April 18. 1988. COUNCILMEMBER TRALLE MOVED TO ADOPT RESOLUTION 88-19, A RESOLUTION PROVIDING FOR THE ISSUANCE AND SALE OF $1,180,000 GENERAL OBLIGATION IMPROVEMENT BONDS. SERIES 1988A. COUNCILMEMBER DOBEL SECONDED THE MOTION. THE MOTION CARRIED 5-0. S.2.Main Street Improvement Project The City Administrator indicated that the Central Business District Committee has made a final decision regarding the type of lighting for the downtown area. Cliff Lundberg indicated that the Committee has decided on a carriage type of fixture and that they have eliminated the music speakers from the lights. e Counci1member Schuldt indicated that he has heard comments both. directly and indirectly. to the effect that the business people are opposed to the downtown beautification aspect of the Main Street improvement project. He stated the people are concerned about the affect that the assessment charge will have on the businesses. Cliff Lundberg stated he has heard no negative comments regarding the downtown beautification project. Cliff Lundberg stated that if there were concerns regarding this matter the tenants should go to the landlords with these concerns. Duane Kropuenske stated the people with these concerns should have voiced them to the Downtown Beautification Committee. Steve Johnson stated he has attended a number of committee meetings and he has heard no negative comments. The City Admnistrator indicated that a "Mock Assessment" hearing was held for the people in the downtown beautification assessment district. He noted that a majority of the people at this meeting voiced a concern regarding the front footage assessment method as not being the best approach to assessments. The Staff based their reason for changing the assessment method to a per unit basis from the feedback received from this "Mock Assessment" meeting. He noted that this method of assessment does increase charges for some of the property owners. He further noted that if property owners wish to appeal the assessment. the objection should be submitted in writing prior to. or at. the 4/4/88 assessment hearing. e Counci1member Tra11e indicated that the Downtown Beautification Committee should be commended on the work and organization they have done to bring the project to this point. He stated that if the project is approved. it will keep the vitality in the downtown area and will possibly promote the use of the river bank.