2015.03.10 CC Packet Combined - Laserfiche WebLink

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February 24, 2015 Page 5 of 7 explained that once the Preliminary Plat was approved the City was obligated to approve the Final Plat with the eight conditions. She feared 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. Councilmember Bauman requested further information on the occupant of the existing home. Mr. Eck explained that the home was being rented on a Contract for 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. Assistant Director of Community Assets & Development/Planning Director Gundlach reported the preliminary plat would be good for 12 months. She reported that the biggest risk would be that the Preliminary Plat would 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 for 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 recommendation of staff and the City Attorney. Councilmember Bauman recommended that the applicant speak to their financers and explain that the Preliminary 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 & Development/Planning 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. Councilmember Bauman supported approving the Preliminary Plat this evening, but not the Final Plat. Councilmember Jacobsen agreed. Motion by Councilmember Jacobsen, seconded by Councilmember Bauman to adopt a Resolution approving the Preliminary Plat subject to eight conditions. Councilmember Strub stated he supported the proposed plat and believed it was an exciting plan for the City. He reiterated that the Council was moving this item forward while taking into advisement the recommendation from the City Attorney. 5 Ayes, 0 Nays -Motion Carried 2. Consideration of Resolution Awarding the Sale of $1,695,000 General Obligation Improvement Bonds, Series 2015A. City Manager Lotter indicated Mark Ruff of Ehlers & Associates would be presenting this item to the Council. Mark Ruff Ehlers & Associates requested the Council consider the issuance of $1,695,000 in General Obligation Improvement Bonds for three years of street reconstruction improvement projects. 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 for the GO Improvement Bonds. Councilmember Bauman requested further information on how General Obligation bonds were used by the City. Mr. Ruff further defined how New Brighton would be using its General Obligation bonds for street improvement projects over the next three years. Mayor Jacobsen thanked Mr. Ruff for his expertise and assistance with the City's bond issuance. Motion by Councilmember Burg, seconded by Councilmember Jacobsen to adopt a Resolution awarding the sale of $1,695,000 General Obligation Improvement Bonds, Series 2015A; fixing their form and specifications; directing their execution and delivery; and providing for their payment. 2. Consideration of ResolutionAwardingthe Sale of$1,695,000 General Obligation hywvement Bonds, Series 2015A