08-06-1984 CC MIN - Laserfiche WebLink

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City Council Minutes August 6, 1984 Page Three Mr. Shannon further indicated that due to the high deficit, it is projected that interest rates will still remain higher than usual. Mr. Shannon indicated that based upon the bids received, it is recommended that the City Council award the bid to Cronin & Marcotte for a net interest dollar cost of $172,836.25 with a net interest rate of 8.7957. COUNCILMEMBER DUITSMAN MOVED TO ADOPT RESOLUTION 84-22 A RESOLUTUON ACCEPTING THEBIDS ON THE. SALE OF. $310,000 GENERAL OBLIGATION IMPROVEMENT BOND SERIES 1984 PROVIDING FOR THEIR ISSUANCE AND LETTING A TAX FOR THE PAYMENT THEREOF, AND TO AWARD THE BID TO CRONIN & MARCOTTE. COUNCILMEMBER SCHULDT SECONDED THE MOTION. THE MOTION PASSED 4-0. 6. Nickerson Property Zone Change - Public Hearing The City Administrator indicated that a parcel of property located north of 3rd Street between Gates and Evans consisting of approximately ten acres in size is currently zoned Planned Unit Development. The City Administrator further indicated that it was originally thought that the parcel of property would be a part of the Barthel PUD. The City Administrator further indicated that the property in its present classification is unusable as it is not large enough to qualify as a planned unit developement, therefore it is recommended that the PUD classification be changed to an R-3classification. The City Administrator indicated that the Planning Commission reviewed the Staff's suggestion of a R-3 zone, and voted five to one to recommend to the City Council that the zone change be made to an R-3 classification. Mayo~ Hinkle opened the public hearing No one appeared for or in opposition of the zone change. General discussion was carried on regarding the R-3 classification and what was allowable in an R-3 zone. COUNCILMEMBER DUITSMAN MOVED TO CHANGE THE NICKERSON PROPERTY LYING NORTH OF ~RD STREET BETWEEN GATES AND EVANB AVENUE FROM A PUD CLASSIFICATION TO AN R-3/ TOWNHOUSE MULTIPLE FAMILY ZONING. COUNCILMEMBER ENGSTROM SECONDED THE MOTION. ~HE MOTION PASSED 4-0. 7. Kuhn Easement Vacation - Public Hearing Mayor Hinkle indicated that the Kuhn easement vacation request has been considered by the City Council at a previous meeting and further indicated that because of an absence of information the City Council denied the easement vacation request. Mayor Hinkle indicated that at a subsequent meeting City Council was provided sufficient information regarding the easement vacation, and therefore is considering the request again. Mayo~Hinkle Opened the Public Hearing - No one appeared for or 1n opposition of the easement vacation request, Councilmember Schuldt indicated that based upon the Wastewater Treatment Plant Superintendent's information regarding soils for sanitary sewer purposes, it appears that there are no problems or difficulties and the easement vacation can be granted.