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<br />I <br /> <br />I <br /> <br />I <br /> <br />Council Meeting Minutes <br />August 25, 1992 <br /> <br />Page 2 <br /> <br />Scecial Order of Business. continued <br /> <br />Mr. Mott extended his greetings and noted the many similarities between <br />New Brighton and Ulverstone. <br /> <br />Consent Aaenda <br /> <br />Motion by Rebelein, seconded by Gunderman, to APPROVE THE CONSENT <br />AGENDA ITEMS AS FOLLOWS: <br /> <br />1. <br /> <br />CONSOLIDATED VOUCHERS: 050641-050772 FOR A GRAND <br />TOTAL OF $185,956.18. <br /> <br />2. <br /> <br />CONSIDERATION OF APPROVAL TO GRANT NON-INTOXICATING <br />LIQUOR AND FOOD LICENSE TO ST. JOHN THE BAPTIST CHURCH <br />FOR SEPTEMBER 20, 1992 AND WAIVE THE LICENSE FEE. <br /> <br />3. <br /> <br />CONSIDERATION OF APPROVAL TO WAIVE THE READING AND <br />ADOPT A RESOLUTION DECLARING COSTS TO BE ASSESSED, <br />ORDERING PREPARATION OF PROPOSED ASSESSMENTS AND <br />SETTING A DATE FOR THE SPECIAL ASSESSMENT HEARINGS ON <br />PROJECTS 89-13, 90-4, 90-5, 91-2, 91-7, AND 91-9. <br /> <br />4. <br /> <br />CONSIDERATION APPROVAL TO CHANGE ORDER TO THE STREET <br />SEALCOATING CONTRACT FOR SEALCOATING AN ESTIMATED <br />3,500 SQUARED YEARS OF EXISTING BITUMINOUS TRAIL IN <br />HANSEN PARK, AND APPROVE THE QUOTATION FROM ALLIED <br />BLACKTOP CO. IN THE AMOUNT OF $20,493.20, FOR CUTTING. <br />PATCHING, AND OVERLAYING EXISTING TRAILS AND THE <br />CONSTRUCTION OF NEW TRAIL SEGMENTS IN HANSEN PARK. <br /> <br />4 Ayes - 0 Nayes, Motion Carried <br /> <br />Public Hearina - None <br /> <br />Council Business <br /> <br />Finance Director Margaret Egan presented the authorization for the sale of <br />general obligation bonds and the refunding of other bond issues. <br /> <br />Dave MacGillivray, Springsted. said the action requested provides for the <br />competitive sale of the $495,000 General Obligation Improvement Bonds; <br />$230,000 General Obligation Sewer Revenue Bonds; $1,630,000 General <br />Obligation Capital Improvement Refunding Bonds; and $5,060,000 General <br />Obligation Tax Increment Refunding Bonds. <br /> <br />The two improvement bonds would provide the funding needed for the <br />Oakwood Drive Storm Sewer and Wexford Heights Phase II projects. These <br />bonds will be prepaid predominately through special assessments. <br /> <br />The Sewer Revenue Bonds would fund the construction of Lift Station #10. <br />These bonds would be repaid from user fees and sewer utilities. <br /> <br />Scecial Order of <br />Business <br /> <br />Alfred Mott <br /> <br />Consent Aaenda <br /> <br />Vouchers <br />Report 92-182 <br /> <br />St. John's Liquor &. <br />Food License <br />Report 92-183 <br /> <br />Assessment Hearing <br />on Improvement <br />Project <br />Report 92-184 <br />Resolution 92-079 <br /> <br />Hansen Park Trail <br />Rehabilitation Proj. <br />Report 92-185 <br /> <br />Council Business <br /> <br />Sale of General <br />Obligation Bonds <br />Report 92-187 <br />Resolution 92-080 <br />Resolution 92-081 <br />Resolution 92-082 <br />Resolution 92-083 <br />