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<br />I <br /> <br />I <br /> <br />I <br /> <br />Council Meeting Minutes <br />November 13, 1990 <br /> <br />Page 9 <br /> <br />Council Business, continued <br /> <br />Motion by Rebelein, seconded by Williams, to HOLD A PUBLIC HEARING <br />AT 7:30 P.M. TUESDAY, NOVEMBER 27, 1990, FOR OFF.SALE <br />INTOXICATING LIQUOR LICENSE FOR M.R. MOORE'S INC., DBA NEW <br />BRIGHTON LIQUORS. <br /> <br />5 Ayes - 0 Nayes, Motion Carried <br /> <br />Margaret Egan, Finance Director, explained that temporary bonds <br />represent the preferred method of finance for acquiring lots 1 and 4 in <br />Brighton Corporate Park. <br /> <br />In developing the bond strategy, staff, Holmes and Graven, and <br />Springsted, worked to develop bond terms which would limit development <br />costs and debt exposure. <br /> <br />Dave McGillivary, Springsted, said bids were opened on November 13 at <br />11 :30 a.m. Four bids were received and it is recommended the bid be <br />awarded to FBS Investment Services, Inc. which was under 6% interest. <br />The FBS bid accomplishes the objectives in the issuance process. <br /> <br />Motion by Larson, seconded by Williams, to WAIVE THE READING AND <br />ADOPT THE RESOLUTION AUTHORIZING ISSUANCE OF TEMPORARY <br />BONDS TO FBS INVESTMENT SERVICES, INC. <br /> <br />5 Ayes - 0 Nayes, Motion Carried. <br /> <br />Announcements and Updates <br /> <br />The Ramsey County League of Local Governments will meet on November <br />14 at the Maplewood City Hall. <br /> <br />The Ramsey County Charter was approved by the voters. <br /> <br />The Environmental Quality Commission is sponsoring a tour of New <br />Brighton's wetlands on November 17. <br /> <br />The City received letters of appreciation from a Girl Scout troop regarding <br />the Greenway sidewalk system to Long Lake Park. <br /> <br />A meeting will be held with the Mayors, Administrators, and Fire Chiefs of <br />New Brighton, Arden Hills, North Oaks, Roseville, and Shoreview <br />regarding the Hazardous Materials Response Team. <br /> <br />Council Business <br /> <br />Public Hearing <br />Date - for M R <br />Moore Liquor <br />License <br />Report 90-239 <br /> <br />Issuance and <br />Award of <br />Temporary Bonds <br />Report 90-240 <br />Resolution 90-092 <br /> <br />Announcements <br />and Updates <br /> <br />RCLLG Meeting <br /> <br />Charter <br /> <br />Wetland Tour <br /> <br />Greenway <br />Sidewalk System <br /> <br />Haz, Mat. <br />Response Team <br />