2015.02.24 Council Meeting Minutes

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February 24, 2015 Page 5 of7 explained that once the Preliminary Plat was approved the City was bligated to approve the Final Plat with the eight conditions. She fe ared that if the home was not removed as recommended, it would remain in place . and the City would have no course of action. She explained that the City Attorney has advised against the applicant's request and recommended the Council require the structure to be removed as suggested within the Preliminary Plat. ComciImember Bauman requested further infonnation on the occupant of the existing home. Mr. Eck explained that the home was being rented on a Contract fo r Deed to a woman who would be moving to White Bear Lake. The women has requested she be allowed to tend the gardens one last time this summer. Mayor Jacobsen questioned the risk of approving the preliminary plat. Assi stant Director of Community Assets & DevelopmentIPlanning Director Gundlach reported the preliminary plat would be good fo r 12 months. She reported that the biggest risk would be that the Preliminary Plat wou ld be approved, the home is never removed and the City would have no course of action to take because the Final Plat could be recorded with the County. She commented that there may be a way fo r staff to work with the City Attorney to create a financial guarantee to insure that the home was demolished. City Manager Lotter strongly encouraged the Council to stick with the City's established processes and adhere to the recommenda tion of staff and the City Attorney. CounciImember Bauman recommended that the applicant speak to their financers and explain that the Prel iminary Plat was approved with conditions and the Final Plat would be approved so long as all conditions were being met. Assistant Director of Community Assets & DevelopmentIPlanning Director Gundlach reported that the Final Plat process was quite expeditious and could be approved in two or three weeks. She noted this was a common practice by all communities. CounciImember Bauman supported approving the Preliminary Plat this evening, but not the Final Plat. CounciImember Jacobsen agreed. Motion by Councilmember Jacobsen, seconded by Councilmernber Bauman to adopt a Resolution approving the Preliminary Plat subject to eight conditions. CounciImember Strub stated he supported the proposed plat and believed it was an exciting plan fo r the City. He reiterated that the Council was moving this item fO lWard wh ile taking into advisement the recommendation from the City Attorney. 5 Ayes, 0 Nays-Motion Carried 2. Consideration of Resolution Awarding the Sale of$l ,695 ,000 General Ob ligation Improvement Bonds, Series 201 5A. City Manager Lotter indicated Mark Ruff of Ehlers & Associates would be presenting this item to the Comcil. Mark Ruff, Ehlers & Associates requested the Comcil consider the issuance of$l ,695,000 in General Obligation [mprovement Bonds fo r three years of street reconstruction improvement proj ects. He explained that the interest rates were one-third of a percent lower than were anticipated. He was pleased to report that the City has maintained its AA rating. He recommended that the Council adopt the draft resolution fo r the GO Improvement Bonds. CounciImember Bauman requested further infonnation on how General Ob ligation bonds were used by the City. Mr. Ruff further defined how New Brighton would be using its General Ob ligation bonds fo r street I improvement proj ects over the next three years. I Mayor Jacobsen thanked Mr. Ruff fo r his expertise and assistance with the City's bond issuance. Motion by Councilmernber Burg, seconded by Councilmernber Jacobsen to adopt a Resolution awarding the sale of $1,695,000 General Obligation Imp rovement Bonds, Series 2015A; fixing their fo nu and specifications; directing their execution and delivery; and providing for their payment 2. Consideration of Reoolution Awarding the Sale of $1 ,695,(XX) General Obligation Impovemalt Bonds, Series 2015A