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3) <br /> <br />Darkenwald Industrial Prospect Project <br />Item was tabled. <br /> <br />4) <br /> <br />Industrial Project Updates <br /> <br />· Acquisition of Waste Management Industrial Property - The ED~ <br /> City acquire the Waste Management property for industrial <br /> received a proposed purchase agreement from Waste Mana <br />· Kenko/Alloy Recovery - The EDA recommended the <br /> property at the price of $200,000, for the purposes <br />· St. Paul Terminals Project - Item was tabled. <br /> <br />Motion by Mayor Gamec, seconded by Councilmember <br />the Economic Development Authority. <br /> <br />Motion carried. Voting Yes: Mayor Gamec, <br />and Zimmerman. Voting No: None. <br /> <br /> the <br /> The City !'has <br /> <br /> Recovery~?¢~ ~. _~ <br />recommendations of <br /> <br />Hendriksen, <br /> <br /> Case #11: Report from FinanceT~ttee <br /> The Finance Committee met onS.epte~r 11,206"i:' s.the follo41'"'~g cases: <br /> <br /> 1) Transfer of Funds from Storm Water U~;% Storm~ater Management Fund <br /> <br /> The Finance Commi~%';recommended thai~::'lh~t'the... City Council authorize $108,100 be taken' <br /> from the Storm wat&"'Management Fund '"'~t~. the .Storm Water Utility ~und be reimbursed, <br /> noting that thiS:Case should not set precedent dfi~':m~¢~-~nusual history of the case. <br /> <br /> Motior~ bY iCouncilmembe~'i~Hendriksen, sef~ohded by Councitmember Kurak, to ratify the <br /> rec°mmendh'°n"°f the' Finan~¥ Cornmilt eei!:i:?' <br /> ..Motio. n carried. Voting Yes: Mayor Gamec, Councilmembers Hendr/ksen, Kurak, Anderson, <br /> 2) AdOpt.Resolution:ApprOVing Proposed 2002 Payable Tax Levy <br /> <br /> The F~nance Committee recommended that the City Council adopt Resolution #01-09- <br /> Approving the ipr°posed Maximum 2001, Payable 2002, Tax Levy. - -- <br /> <br />".';': '.Motion by-Councilmember Anderson, seconded by Councilmember Kurak, to ratify the ·-:r~ecommendation of the Finance Committee. <br /> <br /> Motion carried. Voting Yes: Mayor Gamec, Councilmembers Anderson, and Kurak. Voting <br /> No:' Councilmembers Hendriksen, and Zimmerman. <br /> <br />City Council/September 11, 2001 <br /> Page 21 of 22 <br /> <br />-30- <br /> <br /> <br />