Agenda - Council - 01/09/2001 - Laserfiche WebLink

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Motion by Councilmember Zimmerman, seconded by Councilmember Connolly, to agenda as amended. Motion carried. Voting Yes: Mayor Gamec, Councilmembers Anderson, and Hendriksen. Voting No: None. CONSENT AGENDA I I I Motion by Councilmember Zimmerman, seconded by the following items on the Consent Agenda: to approve 1) Approve the following License ApplicatiOns · . Peddler/Sc. '. Dish Network Commumcatmn Services, 7956 Cenffi~o~evard, ~as.~en, MN 55417 2) Adopt Resolution #00-12- Approving 1 Partial Pa~.t~}~.~ado~ale Constructmn, Inc. and Change Order 1~o. 1 for Improvement #99-6~~'[ksippi River Stormwater Subdrainage District No. 1) 3) Adopt Resolution #00-12- ,ving 4t~ Partial Payment t~i~ht:l_~o,w~ Construction for Improvement Project #9 Drive Storm Sew ~68 (164th Lane Storm Sewer) and #00-28 (Fl ~' ' 4) Extension of Contract for Sol~?~v'aste, Inc. 5) Approve Correction to 11/~30 Ci Motion carried. Voting Yes: Mayor Anderson, and No: Non :rs Zimmerman, Hendriksen, COUNCIL Case Accepting osals on the ).00lB Obligation Tax Increment Bonds, Finance Officer :ated that at the December 12, 2000, City Council meeting Tax Increment · ~2rag8 was ere,' i ~orate the development of the Maken property and the budget for ~T~x~ent iDist ~ raend,.d to ~nclude the purchase of the Sauter Property. Funding ~ for these p~'eCts, which ~ . lnclu, le land, street, sewer and water, would be funded from the ~;~ ~tie--;f tax i~ment bon~:.~The bonds would be repaid with the increment collected from the ~.,~...,,development o~;!he MakefiTSauter parcels. At the November 28, 2000 City Counc~I meeting, the ~ ' Council authoPig~ the sale of $1,680,000 in General Obligation Taxable Tax Increment Bonds ~k and $920,000~ax Increment Bonds w~th a bond sale date of December 19, 2000. ~~e ~, Juran and Moody, reviewed the bids tha were received· Co~ ~'~r~ember Anderson inquired as to why one of the bonds is taxable. -g2- City Council/December 19, 2000 Page 4 of 19 I I I I I I I I I I I I !