06/04/1991 Meeting Minutes - Laserfiche WebLink

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Council Minutes of 6/4/91 Law Director Gareau reported: 1) We are currently working on a final draft of the Clark Oil brief. 2) A deposition was taken from Mr. Cater in preparation of an evidentiary hearing to be held next week. Finance Director Burns reported: 1) The $1.2 million notes that were approved at the last Council meeting were sold at an interest rate of 4.77%, the lowest rate we have had. in quite some time. 2) We have received the estimated assessed valuations from the County. Valuations are estimated to be $553,472,000 compared to $443,738,000 for 1990. This is an increase of approximately 20~. Of that, residential real estate accounts for an 18~ increase; other real estate is at a 30X increase level. Mr. Tallon, Chairperson of the Finance Commmittee reported: 1) The Finance Committee met on rkmday, Jude 3, to discuss the ordinance authorizing the Director of Public Service to contract with Norstan for improvements to the Police Station telephone system. Mr. BohLnarm estimates the cost to be approximately $16,000; the cost is covered within our budget. The Committee recommends passage of this ordinance. Mr. Nashar, Chairperson of the Streets and Drainage Committee reported: 1) The Committee met on Monday, June 3. In attendance were: Directors Bohlmarm and Gundy; City Engineer Dectm Council Mex~t>ers Boehmer, Saringer, McKay, Tallon, and Nashar. The agenda items were as follows: a. Ordinance No. 91-72 pertaining to the Coe lateral. This culvert ditch is approximately 3,500 feet long; and has not been cleaned in approximately 25 to 30 years. The estimated cost of this project i.s over $200,000; this will include installing culvert piping. We will ask for suspension of the rules on Ordinance 91-72 this evening. b. Ordinance No. 91-73 pertains to the improvements at the Wastewater Treatment Plant and will be on second reading tonight. c. Ordinance No. 91-90 which deals with the back yard easements in the Pheasants Walk subdivision. Approximately lb residents were in attendance. Hennie Homes has agreed to pay all the costs and expenses for construction of the storm sewer. We will ask for suspension of the rules tonight on this ordinance so that work can begin immediately. We are very pleased to get this project started. Mr. Boehmer announced that the had asked Mr. Leonard to assume the Chair of the Public Safety, Health and Welfare Committee; Mr. McKay has been appointed a member of the Committee. Mr. Leonard, Chairperson of the Public Safety, Health and Welfare Committee reported: 1) The Committee met on Monday, June 3. On the agenda were the following ordinances: a. Ordinance Nos. 91-75 and 91-7b, which call for the placement of stop signs on two cul-de-sacs. The Comxrtittee reccxrnmends passage of both. 2 ~n.~~,~AS.. ,~~v .~~k~, ..~,.~:e i' ~ ,..