04-20-1987 CC MIN - Laserfiche WebLink

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Page 13 City Council Minutes April 20. 1987 e 6.5. Growth Management Plan Task Force Recommendation on FHA Limits City Administrator. Pat Klaers stated that at the present time FHA has a cap on the loan limit in Sherburne County of $68.500 and the limit for surrounding metropolitan counties is $90.000. It was working the consensus of the City Council to direct City Staff to start toward having the FHA loan limit in Sherburne County increased. 6.1. Wilderness Park Discussion The City Administrator noted that he has been informed by the City Attorney that the payment period in the park land purchase agreement cannot exceed five years of equal yearly installments. Discussion was held by the Council regarding the terms previously offered to the Lamms for the property. The City had offered $800/acre at 8% interest to be paid over 10 years in equal installments. The counter offer from the Lamms was $1.000/acre at 9% interest to be paid over 10 years in equal installments. Discussion was also held regarding the 80 acres of land the City owns (old City dump site) and the possibility of developing this land into a park. ~ Mayor Gunkel submitted a letter to the Council which she intended to send to Mr. Bob Kornfeld of the Trust for Public Land in hopes of receiving some help to acquire the Lamm property. It was the consensus of the Council to send the letter to Mr. Kornfeld. cOUNCILMEMBER HOLMGREN MOVED TO OFFER THE LAMMS $800 PER ACRE AT 8% INTEREST WITH EQUAL PAYMENTS TO BE MADE OVER FIVE YEARS TIME CONI'INGENT UPON THE CITY ATTORNEY FINDING THIS TO BE ACCEPTABLE. COUNCILMEMBER TRALLE SECONDED THE MOTION. THE MOTION PASSED 5-0. 6.2. MnDOT Traffic Count Resolution In a memo to the City Council. the City Engineer indicated that MnDOT would be doing a traffic count in Elk River. It was noted that this would be financed from the MSA Capital Projects Fund. COUNCILMEMBER TRALLE PRESENTING DATA TO SECONDED THE MOTION. MOVED TO APPROVE RESOLUTION 87-22. A RESOLUTION MNDOT FOR TRAFFIC COUNT. COUNCILMEMBER HOLMGREN THE MOTION PASSED 5-0. 6.3. Building Inspector Contract for Services e Mr. Rohlf indicated that he is requesting permission to hire an individual on a contract basis for building inspection. He indicated this person would assist Bill Schmitt. the residential inspector and would be hired only when inspections become too numerous for Bill Schmitt to handle by himself. This contracted inspector would be under the supervision of the Building and Zoning Administrator.