Minutes - Council Work Session - 10/29/2001 - Budget

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Councilmember Hendriksen suggested looking at all expenditures (Sunwood) and see what's eligible for MSA. If we end up with a bridge there, maybe we would need MSA funds for exit ramps, etc. Councilmember Hendriksen also asked to look at the cash flow for TIF District No. 10. Mr. Norman offered that Mr. Sullivan would get in touch with Councilmember Hendriksen. Discussion ensued relating to the General Obligation Bond and making this a separate Council item. Mr. Donna recommended placing this bond issue using a local bank. 2) cxP Finance Officer Lund referred to the CIP handout. Page 85 to the end of the book shows different funding sources. It shows depreciated amounts. The landfill money is to be used for park projects also. Page 88 shows the Police facility and the Public Works facility. That's two loans we have on this account and it is just short of $4 million. Pages 86 and 87 are the policy of the Landfill Trust Fund and how it is to be used. Pages 89 and 90 are proposed loans from the Landfill Trust Funds to be used for office remodeling and land purchase. Lawful Gambling, page 92 is designated for park property also - Central Park entrance sign - $47,800. Council asked staff to find out what Anoka is doing about the pool. Page 92 - MSA Funds - 2.5 million dollars are available in 2002. The question was raised can we lose MSA funding if we do not use it. Ms. Lund offered to check on that. Council suggested talking to the Anoka Council about different things - such as a connection of McKinley. Page 93 is designated for park projects. Councilmember Zimmerman suggested getting input from the Park and Recreation Commission - cost and traffic configuration and the issue of access on T.H. #47 to Elm Crest. Councilmember Hendriksen mentioned clean up of the entrance off of #47 - the main entrance has to be off. He said to get this on the list of things to get done. We have received a grant for this park; he asked that staff report back. Public Improvement Revolving Fund - page 94 - the major item is the City shared street maintenance program. This is the fund that collects any special assessment payments that comes into the City. Page 95 is the Sewer Utility Fund - it shows a few proposed projects. Page 96 - Stormwater Management Fund - 2001 - $108,000 - the Mississippi Storm District #1 will pay that amount. Page 97 - Stormwater Utility Fund and page 98 is the Water Utility Fund - the biggest item proposed is Well #8 and Pumphouse #4 for the year 2004. Pages 99 - 105 - are all different cash flows pertaining to TIF Districts in the City. Numbers 9 and 10 are not listed here. Page 4 is a breakdown of different funding sources for the years 2001 - 2006. Councilmember Hendriksen asked about the grants and aid - $1,800,000 for 2006. Ms. Lund responded that is the number that Mark Boos gave toward Trott Brook trails - they are listed on page 83 - assumptions, wishes. Pages 5 and 6 - all the projects are outlined. Discussion ensued about tenant/usage for BMA property park and why does the City have to be involved in that. The Council discussed different ways of doing that -joint venture, negotiated sales, condemnation. Councilmember Hendriksen felt like there is nothing in 2003 - 2006 and asked why the BMA property is not listed. Staff stated it could be a joint venture - this says we are going to acquire that land. Councilmember Anderson said not to add something just to be adding something. Mayor Gamec suggested City Council Budget Work Session/October 29, 2001 Page 2 of 4