Agenda - Council - 08/22/2000 - Laserfiche WebLink

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Councilmember Anderson inquired if it could affect future funding. City Engineer Jankowski replied no, they would ordy be able to request the City refund MSA moneys that had been spent on Dysprosium Street. Case #9: Report from the Finance Committee I) Authorization to Direct Fiscal Impact Study Addendum Th_is item was tabled. 2) Authorization to Retain Springsted Incorporated for Continuing Disclosure Requirements Motion by CotmciLmember Anderson, seconded by Council. member Hendriksen, to authorize Staff' to enter into contract with Spr/ngsted incorporated to provide continuing disclosure for the year ending December 31, 1999, in the contract amount of $850.00. Motion cn.-ried. Voting Yes: Mayor Gamec, Councilmembers Anderson, Hendriksen, Corm°Ily, and Zirh.merman. Voting No: None. 3) Establishment of Capitalization Threshold for FLxed Assets . Motion by Councilmember Zimmerman, seconded by Councilmember Hendriksen, to approve the Capitalization Threshold for Fixed Assets Policy and adopt Resolution #99-1 I-214 adopting the threshold policy. Motion carried. Voting Yes: Mayor Gamec, Councilmembers Zimmer'ma.n, Hendriksen, Anderson, and Cormoliy. Voting No: None. 4) Decide Whether or Not to Waive Statutory. Liability Limits for Insurance Application City, Attorney Goodrich recommended that the City not waive the monetary limits on municipal ton liability. Motion by Councilmember Hendriksen, seconded by Councilmember Zimmerman, to not waive the monetary limits on municipal tort [iability establishment by Minnesota Statues 466.06. /-308- Ci. ty Council/November 23, ~[999 ! I I I I I I I I I I I I I I I I I I