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('otmciln~elnber I~;lvig suggested that issue should be part of the policy. He stated if the City is <br /> costs f'or this activity, it should recoup those costs. <br /> <br /> "inancc f)ircctor l.und stated Crestview wants to start this project in spring to early summer so <br /> will bring thc bonding forward shortly. She stated she will draft a policy that also addresses <br />nOn-l>r(~fi¢, status and present it to the Committee at a future meeting. <br /> <br />Mayor (iamcc stated his support to charge an administrative fee even if it is a non-profit or <br />I'ACI' school. Itc stated he would like to have staff look into costs incurred and determine if a <br />set I~:c can be established depending on the square footage of the building. <br /> <br />I:inancc Director Lund stated the bond issuer will be responsible for the legal costs so the City's <br />c~sts would involve stafftime. <br /> <br />Mayor (;atncc asked if they also have to make application to the State of Minnesota. <br /> <br />i:inancc l)ircctor I~und stated there is an application they must submit but their legal counsel has <br /> handle all of that process, not the City. <br /> <br />SPECIAI~ FINANCE COMMITTEE MEETING DATE <br /> <br />(;hairpers{m Strommen announced that two members of the Finance Committee will be meeting <br />at thc ('.ity I lall on Friday, March 25, 2005, at 9:30 a.m. <br /> <br />COMMITTEE INPUT <br /> <br />i\J()llc. <br /> <br />A D,I()URNMENT <br /> <br />Motion by Councihncmbcr Elvig, seconded by Mayor Gamec, to adjourn the meeting. <br /> <br />Thc regular meeting of thc Finance Committee adjourned at 5:59 p.m. <br /> <br />l(cspectlhlly~ submitted, <br /> <br />Carla Wirth <br />l(ccordin~ Secretary <br />7'i~e&tvcr O[/',q'ile Secrelaria[, Inc. <br /> <br />Diana Lund <br />Finance Officer <br /> <br />Finance Committee/March 22, 2005 <br /> Page 4 of 4 <br /> <br /> <br />