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May 8,2012 Page 6 of 7 <br /> Lotter stated that the 2011 finance numbers will be available soon, and at that time council can <br /> determine what to do with the surplus, noting council can watch the revenue and expense <br /> trends, and reallocate funds if necessary. Councilmember Jacobsen applauded staff for <br /> implementing a cash plan. <br /> Councilmember Bauman suggested paying off the Public Safety Center early to free up funds. <br /> Manager Lotter stated that often structured debt plans have early call date limitations. It was <br /> noted that we recently refinanced with a very good rates; with the agreement that we were to <br /> pay over a number of years. <br /> Motion by Councilmember Burg,seconded by Councilmember Samuelson to adopt the resolution <br /> amending the long term financial plan for the Capital Asset Replacement Plans. <br /> 4 Ayes,1 Nays-Motion Carried <br /> Ayes:Mayor Jacobsen,Councilmembers Burg,Samuelson and Jacobsen <br /> Nays:Councilmember Bauman <br /> Commission Liaison <br /> Reports, <br /> Commission Liaison Reports, Announcements and Updates Announcements and <br /> Updates <br /> Dean Lotter <br /> City Manager Lotter reported that the May 22nd work session will include a New Brighton <br /> Exchange financial update. In early June the 2011 audit will be reviewed. A tour of the <br /> Granite Falls apartments will be in late June. <br /> The Public Safety Volunteer Appreciation Dinner was well attended. Manager Lotter reported <br /> that Northwest Youth& Family Services raised about $27,000 at their recent fundraising <br /> luncheon. <br /> A national television program, Today in America, asked Manager Lotter for a chance to talk <br /> with him and the Mayor regarding New Brighton. <br /> An engineer from MNDOT will be attending the management meeting on May 9th to give an <br /> update on the 694 Improvement Project. <br /> Gina Bauman <br /> Councilmember Bauman reported that she attended a cable commission meeting, and noted she <br /> will announce the scholarship winners at the next council meeting. <br /> Mary Burg <br /> Councilmember Burg reported that she attended the Public Safety Volunteer Appreciation <br /> Dinner, and expressed her gratitude to the community volunteers. The EDC will next meet <br /> May 15th at 7:30 am. <br /> Char Samuelson <br /> Councilmember Samuelson attended the Public Safety Commission meeting on April 30th. <br /> Katie England from the Ramsey County Tobacco coalition gave a prsentation. The commission <br /> next meets June 25, 2012. National Night Out is scheduled for Tuesday August 7th. The City <br /> will host its first Beyond the Yellow Ribbon event, a welcome home ceremony for Timothy <br /> Miller on Saturday May 12th at Freedom Park from 9:00-12:00. <br />