Laserfiche WebLink
Mr. Donovan explained the brochure inclusions would be a drawing of the <br />proposed Central Park, the cost, a letter or con~nents from the Mayor, <br />the philosophy, items included in the park plan, informational material <br />to help the citizen vote on the bond issue. The brochure will show what <br />we are trying to do and answer many questions. <br /> Councilman Sorteberg asked about the bond interest issue. Is it outlined <br /> in the brochure smd at what interest rate. <br /> ~tr. DonovaU stated the bond interest rate was outlined in the proposed <br /> brochure at 8.75%, a realistiC figure from the Sprlngstad consulting <br /> agent · <br /> Councilman Relmann asked what the bond term was. <br /> Councilman Cox stated even if the bond issue is passed the council <br /> not purchase bonds unless the interest rate was 8%. <br /> ~ayor Gamec stated the issue should be a Council decision. <br /> Mr. Donovan stated the bond interest rate ,,ballpark" figure was 8.5%. <br /> Mayor Gamec stated it is important to know what interest rate it would be <br /> and this should be on the brochure. <br /> Mr. Donovan stated the brochure would also be reflecting last year's taxes <br /> as this year's are not available at this time. <br /> The Council at this time discussed in general the bond interest rate issue. <br /> City Engineer Raatikka stated it would take about two weeks to print them. <br /> The Council and Mr. Donovan tentatively set April 21 or 28, 1981 for <br /> the bond vote day. <br /> Mayor Gamec says the SprLugstad contract for this matter has been authorized- <br /> Mr. 'Donovan inquired as to the possibility of distributing brochures at the <br /> wanted to avola a ~=~ lqinterest group conflict for voters. <br /> Ramsey Fun Days event..N~Y°_r_G~a~ca uashed this promotion due to the political <br /> nature and <br /> He also stated the language and brochure looked good and asked the Council <br /> for their con~uents. All made favorable conmnents regarding the brochure. <br /> D-2-2 Lincenses for A~provalL <br /> Enclosure (D2-b) contains the list of licenses for approval for calendar <br /> year 1981. The lists are separated in regards to cigarettes, gasoline, <br /> motor vehicle, garbage aud other contractors. <br /> Motion by Councilman Reimann mud seconded by Councilman Sorteberg to <br /> approve the licenses as presented to work in the City of Ramsey only; <br /> business in City but not location. <br /> Motion carried. Voting yes: ~ayor Gamec, Councilman Sorteberg, Councilman <br /> Relman, Councilman Cox and Councilwoman Van Wagner. Voting no: None. <br /> C/February 24, 1981 <br /> <br />lO <br /> <br /> <br />