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Minutes - Council - 12/19/2000
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Minutes - Council - 12/19/2000
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Meetings
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Minutes
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Council
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12/19/2000
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Motion by Councilmember Zimmerman, seconded by Councilmember Connolly, to approve the <br />agenda as amended. <br /> <br />Motion carried. Voting Yes: Mayor Gamec, Councilmembers Zimmerman, Connolly, <br />Anderson, and Hendriksen. Voting No: None. <br /> <br />CONSENT AGENDA <br /> <br />Motion by Councilmember Zimmerman, seconded by Councilmember Hendriksen, to approve <br />the following items on the Consent Agenda: <br /> <br /> 1) Approve the following License Applications <br /> Peddler/Solicitors/Transient Merchant <br /> Dish Network Communication Services, 7956 Century Boulevard, Chanhassen, MN 55417 <br />2) Adopt Resolution #00-12-337 Approving 1st Partial Payment to Meadowvale Construction, <br /> Inc. and Change Order No. 1 for Improvement #99-67, (Mississippi River Stormwater <br /> Subdrainage District No. 1) <br />3) Adopt Resolution #00-12-338 Approving 4th Partial Payment to Meadowvale Construction <br /> for Improvement Project #99-66 (Juniper Ridge Drive Storm Sewer), #99-68 (164th Lane <br /> Stom~ Sewer) and #00-28 (Flintwood Storm Sewer) <br />4) Extension of Contract for Curbside Recycling Services with Ace Solid Waste, Inc. <br />5) Approve Correction to 11/14/00 City Council Minutes <br /> <br />Motion carried. Voting Yes: Mayor Gamec, Councilmembers Zimmerman, Hendriksen, <br />Anderson, and Connolly. Voting No: None. <br /> <br />COUNCIL BUSINESS <br /> <br />Case #A: <br /> <br />Accepting Proposals on the Sale of General Obligation Tax Increment Bonds, <br />Series 200lA and 200lB <br /> <br />Finance Officer Lund stated that at the December 12, 2000 City Council meeting, Tax Increment <br />District #8 was created to incorporate the development of the Makens property and the budget for <br />Tax Increment District #2 was amended to include the purchase of the Sauter Property. Funding <br />for these projects, which would include land, street, sewer and water, would be funded from the <br />sale of tax increment bonds. The bonds would be repaid with the increment collected from the <br />development of the Makens/Sauter parcels. At the November 28, 2000 City Council meeting, <br />the Council authorized the sale of $1,680,000 in General Obligation Taxable Tax Increment <br />Bonds and $920,000 Tax Increment Bonds with a bond sale date of December 19, 2000. <br /> <br />Steve Mattson, Juran and Moody, reviewed the bids that were received. <br /> <br />Councilmember Anderson inquired as to why one of the bonds is taxable. <br /> <br />City Council/December 19, 2000 <br /> Page 4 of 19 <br /> <br /> <br />
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