Laserfiche WebLink
Minutes/Edina City Council/May 1, 2007 <br /> Communications Fund $32,270.15; City Hall Debt Service $315.00; Working Capital Fund <br /> $30,628.65; Construction Fund $5,876.60; Art Center Fund $3,758.60; Golf Dome Fund $21,544.46; <br /> Aquatic Center Fund $28,102.15; Golf Course Fund $42,432.54; Ice Arena Fund $13,180.81; <br /> Edinborough/Centennial Lakes Fund $31,782.73; Liquor Fund 197,210.29; Utility Fund $82,368.12; <br /> Storm Sewer Fund $1,186.36; Recycling Fund $33,958.00; PSTF Agency Fund $13,319.61; TOTAL <br /> $642,117.54; and for approval of payment of claims dated April 24, 2007, and consisting of 27 pages: <br /> General Fund $186,707.70; Communications Fund $591.08; Working Capital Fund $87,823.13; <br /> Construction Fund $1,981.78; Art Center Fund $22,356.17; Golf Dome Fund $3,755.00; Aquatic <br /> Center Fund $7,688.63; Golf Course Fund $19,275.70; Ice Arena Fund $679.10; <br /> Edinborough/Centennial Lakes Fund $12,627.48; Liquor Fund $101,918.15; Utility Fund $16,197.97; <br /> Storm Sewer Fund $741.74; PSTF Agency Fund $5,602.26; TOTAL $467,945.89; and for Credit Card <br /> Transaction dated April 25, 2007 TOTAL$1,408.92. <br /> Motion carried on rollcall vote -four ayes. <br /> RESOLUTION NO. 2007-54 ADOPTED AWARD SALE OF SERIES 2007A $5,910,000 CAPITAL <br /> IMPROVEMENT BONDS - FIRE STATION Following a brief presentation and discussion with <br /> Finance Director Wallin and Mark Ruff, Ehlers Bond Consultant, Member Masica introduced <br /> Resolution No. 2007-54, awarding sale of series 2007A$5,865,000 capital improvement bonds - Fire <br /> Station to Cronin & Company, Inc. and USB Investment Bank. Member Swenson seconded the <br /> motion. <br /> Ayes: Bennett, Masica,Swenson, Hovland <br /> Motion carried. <br /> RESOLUTION NO. 2007-55 ADOPTED AWARDING SALE OF SERIES 2007B $8,210,000 UTILITY <br /> REVENUE BONDS Following a brief presentation and discussion with Finance Director Wallin and <br /> Mark Ruff, Ehlers Bond Consultant, Member Bennett introduced Resolution No. 2007-55, awarding <br /> sale of series 2007B $8,210,000 Utility Revenue Bonds to Piper Jaffray & Company. Member <br /> Swenson seconded the motion. <br /> Ayes: Bennett, Masica,Swenson, Hovland <br /> Motion carried. <br /> RESOLUTION NO. 2007-56 ADOPTED AWARDING SALE OF SERIES 2007C $5,870,000 <br /> PERMANENT IMPROVEMENT REVOLVING FUND BONDS Following a brief presentation and <br /> discussion with Finance Director Wallin and Mark Ruff, Ehlers Bond Consultant, Member Swenson <br /> introduced Resolution No. 2007-56, awarding sale of series 2007C $5,870,000 Permanent <br /> Improvement Revolving Fund Bonds to Cronin & Company, Inc. and USB Investment Bank. <br /> Member Bennett seconded the motion. <br /> Ayes: Bennett, Masica,Swenson, Hovland <br /> Motion carried. <br /> TUNE 5, 2007 SET FOR PUBLIC HEARING ON TODD PARK HOCKEY RINK Following a <br /> discussion Council directed staff to send notices to residents within 1000 feet of Todd Park, but to no <br /> less than the 604 residents surveyed previously, notifying them of the June 5, 2007, date for a public <br /> hearing before the City Council regarding the Todd Park Hockey Rink. <br /> There being no further business on the Council Agenda, Mayor Hovland declared the meeting <br /> adjourned at 9:15 p.m. <br /> Respectfully submitted, <br /> Debra A. Mangen, Ci lerk <br /> Page 4 <br />