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Mr. Graczyk stated that he has received 7 proposals for the city's 1986 year <br />end audit and requested authorization to interview the top 3 candidates, make a <br />selection and enter into a letter of engagement for the audit. <br /> <br />Motion by Councilmember Cox and seconded by Councilmember Sorteberg directing <br />Finance Officer Graczyk to interview and select a firm to perform the city's <br />1986 year end audit and authorizing the Mayor and City Administrator to enter <br />into a letter of engagement for same. <br /> <br />Motion carried. Voting Yes: Mayor Reimann, Councilmembers Sorteberg, Cox, <br />Schlueter and DeLuca. Voting No: None. <br /> <br />Case #4: Request For Concept Review Of Proposed Planned Unit Development: <br /> C~e of Mr. Art Raudio: <br /> <br />Mr. Art Raudio presented Council with his concept for a planned unit <br />development south of 149th Avenue NW , west of County Rd. #56 and north of the <br />proposed extension of County Road #116. Mr. Raudio's proposal is for a <br />residential development in an Industrial zone that would allow for home <br />occupations. Mr. Raudio stated that the PUD would serve as an excellent buffer <br />between existing residential and industrial property in that area and there <br />seems to be a demand for areas specifically zoned to allow for home <br />occupations. There are thoroughfare and drainage issues in this area that <br />would have to be addressed. <br /> <br />Council consensus was that the concept merits further consideration for pros <br />and cons and suggested that Mr. Raudio approach Council again with a more <br />detailed proposal that would address drainage, thoroughfares, restrictive <br />covenants and appropriate taxing process for commercial/homestead properties. <br /> <br />Council recessed at 9:10 p.m. <br /> <br />Mayor Reimann called the meeting back to order at 9:23 p.m. <br /> <br />Case #8: <br /> <br />Authorize Agreement Between City And Ramsey Economic Development <br /> Company To Establish Revolving Loan Fund With CDBG Funds For <br /> Economic Devel~Dment Activites: <br /> <br />Ms. Norris recalled that Council has determined that CDBG funds are to be used <br />for economic development activities and that they would be in favor of seeing a <br />revolving loan fund for these activities. The loan fund must be administered <br />through the Ramsey Economic Development Company and this requires entering into <br />an agreement. Applications for loans from the revolving fund will be brought <br />to Council for approval. <br /> <br />Motion by Councilmember COx and seconded by Councilmember DeLuca authorizing <br />the execution of the agreement between the City of Ramsey and the Ramsey <br />Economic Development Company for use of CDBG funds for a revolving loan fund <br />for economic development activities. <br /> <br />Motion carried. Voting Yes: Mayor Reimann, Councilmembers Sorteberg, Cox, <br />Schlueter and DeLuca. Voting No: None. <br /> <br />December 16, 1986 <br /> <br />Page 8 of 13 <br /> <br /> <br />