Laserfiche WebLink
Removal of two sections allowing termination of the contract. <br />Explanation of the Park prOperty language. <br />Revision of the disbursement of funds language. <br /> <br />Assistant Public Works Director Olson stated ~he would like the action taken this evening to <br />narrow that list to one. He explained staff received the disbursement of funds language late <br />today and did not have time for the Bonds CoUnSel to look at that. Another contingency was the <br />removal of two sections allowing termination of the contract. He has talked to the County on <br />three separate occasions before this came t°the Council and the County said that contingency is <br />a deal breaker; they will not remove that language, and it is in every contract they have. <br />Regarding the explanation of the ~park propertylanguage, the County has included that to cover <br />their bases for a corridor being cOnsidered as a future bridge crossing. It is staff's opinion that <br />the change of rise in the propertY they are:using ifor the storm sewer overflow will not preclude <br />the County from utilizing it as replacement park property. Staff feels that Anoka County has <br />indicated with this Joint Powers Agreement:that they are willing to participate to the maximmn <br />extent that they are able and recommends a motion to authorize the signing of the Joint Powers <br />Agreement with Anoka County, With the inClusiOn of the disbursement of funds language. <br /> <br />Motion by Councihnember Cook, ;seconded bY Councilmember Pearson, to authorize the signing <br />of the Joint Powers Agreement with Anoka County, contingent on the revision of the <br />disbursement of funds langUage. ' <br /> <br />Motion carried. Voting Yes: Mayor Pro Tern Elvig, Councilmembers Cook, Pearson, Jeffrey, <br />Olson, and Strommen. Voting No: None, Absent: Mayor Gamec. <br /> <br />Case #12: <br /> <br />Call for Public Hearing oniRedeVelopment Plan for the Municipal Center <br />Project <br /> <br />Fi nance Officer Lund explained at the January :25, 2005 City Council meeting, authorization was <br />given to proceed with the Municipal Center Project and to make a formal request of the <br />Economic Development Authority (EDA) to initiate the bonding process for the project, which <br />would be a lease revenue bond. For the EDA to issue a lease revenue bond on behalf of the City, <br />a Redevelopment plan and the establishment of the redevelopment project area needs to be <br />adopted per State Statutes, Sections 469.001 through 469.047 and 469.090 through 469.1082. <br />This is the same Statutes that the City followed when a lease revenue bond was issued in 1999 <br />for the Fire Station 1 project. <br /> <br />Finance Officer Lund explained the EDA met at a special meeting on February 2, 2005, and took <br />the first step of' an outlined process that takes over one month of action between the EDA, City <br />Council and Planning Commission. At this meeting, a resolution was adopted that initiated the <br />process for the establishment of a redevel°Pment:plan. A formal adoption of the approval of the <br />redevelopment plan will be placed before the EDA at its regular meeting of March 9, 2005. <br />After the EDA initiates the procgss for the establishment of a Redevelopment Plan, the next <br />outlined step is for the City Council to adopi a resolution that initiates the process for approval of <br /> <br /> Ci~ C°ungil/Vebruary 8, 2005 <br /> pgge 28 of 30 <br /> <br /> <br />