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Minutes - Council Work Session - 07/26/2022
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Minutes - Council Work Session - 07/26/2022
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Meetings
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Minutes
Meeting Type
Council Work Session
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07/26/2022
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Councilmember Specht asked since there is a budget for roads, could they bond more for those <br />roads and take some of those funds and put it towards spray patching. <br /> <br />Finance Director Lund replied bonding normally can’t go toward maintenance. She asked if they <br />noticed she didn’t mention special assessments. She stated these bonds, since they are street <br />reconstruction, it has a special ruling that says there doesn’t have to be special assessments on <br />them so they can’t be used towards maintenance. <br /> <br />Councilmember Specht asked if they could use money they are already allocating towards <br />maintenance. <br /> <br />Finance Director Lund replied they could use the ARPA funds or something of the $300,000 <br />towards it and then increase the bonding amount. <br /> <br />Councilmember Specht asked if it wouldn’t hit the levy directly. <br /> <br />Councilmember Riley replied that is a good idea but. <br /> <br />Councilmember Specht finished no one wants to have more increase. <br /> <br />Councilmember Riley replied right. He stated they were looking at if it needed to be spread over <br />a few years and maintenance they were identifying as falling behind so increasing maintenance <br />made sense but he didn’t know how to fund it. <br /> <br />Finance Director Lund replied it wasn’t included so she wanted to put it out there that that is an <br />additional amount. <br /> <br />Councilmember Riley commented he didn’t think they talked about spending any more money at <br />Public Works so he thought they were done with that now. <br /> <br />Finance Director Lund asked for Council direction if they want to do $300,000 against the ARPA <br />and bond for the additional amount or if they want to increase the levy by $300,000 and see where <br />it is and keep the bond based off of what the net is right now. She stated she could run numbers <br />on the effect to the tax payer. <br /> <br />Councilmember Woestehoff asked if the total amount was $750,000 for spray patching. He stated <br />he could see the point about raising that bucket of maintenance to $500,000 and he is inclined to <br />say take the $750,000 straight from ARPA, even though he stated he hates continuing to take from <br />ARPA for other things but treat that as a capital expense project to get all of that $750,000 removed <br />from ARPA funds and that takes it off of the responsibility of the levy for this discussion it only <br />reduces the amount of roads that can be reconstructed. He stated it increases the bond but they <br />can because at Public Works the direction has been to get ready for next year to include an extra <br />$2.5 million because of the ARPA funds. If they are talking about doing a little loan swapping it <br />becomes $1.9 million next year. <br /> <br />City Council Work Session /July 26, 2022 <br />Page 17 of 19 <br /> <br />
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