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MINUTES <br /> OF THE REGULAR MEETING OF THE <br /> EDINA CITY COUNCIL <br /> HELD AT CITY HALL <br /> SEPTEMBER 18,2007 <br /> 7:00 P.M. <br /> ROLLCALL Answering rollcall were Members Bennett, Housh, Masica, Swenson and Mayor <br /> Hovland. <br /> CONSENT AGENDA ITEMS APPROVED Motion made by Member Swenson and seconded by <br /> Member Housh approving the Council Consent Agenda with the exception of Item VI. D. Traffic <br /> Safety Review September 6,2007. <br /> Rollcall: <br /> Ayes: Bennett, Housh,Masica,Swenson, Hovland <br /> Motion carried. <br /> *MINUTES OF THE REGULAR MEETING OF SEPTEMBER 4, 2007, APPROVED Motion made by <br /> Member Swenson and seconded by Member Housh approving as presented the minutes of the <br /> Regular Meeting of September 4, 2007. <br /> Motion carried on rollcall vote - five ayes <br /> PUBLIC HEARINGS ON SPECIAL ASSESSMENTS Affidavits of Notice were presented, approved <br /> and ordered placed on file. Due notice having been given, public hearings were conducted and action <br /> taken as recorded on the following proposed special assessments. <br /> CRESTON HILLS NEIGHBORHOOD ROADWAY IMPROVEMENT NO. BA-332 <br /> Location: Creston Hills Neighborhood Roadway Improvement <br /> Analysis for Assessment for Roadway Improvement No. BA-332 for Creston Hills Neighborhood. <br /> Construction costs for the improvement were $1,988,300 with the City Utility Fund paying $735,500. <br /> Total special assessments were $1,293,864.51 against 136 assessable units at $9513.71 per lot for front <br /> yard assessments and$3,171.24 for side yards over a ten-year term with 5.99% interest. <br /> Public Comment <br /> Steve Cook, 6820 Oaklawn Avenue, asked questions about the ability to prepay a portion of the <br /> assessment and the method of calculating the annual payment. Staff explained the method was equal <br /> annual principal payments with decreasing interest and Mr. Cook was informed he could prepay a <br /> portion of at least twenty-five percent of his outstanding balance. <br /> Member Masica made a motion closing the public hearing seconded by Member Swenson for <br /> Roadway Improvement No. BA-332, Creston Hills Neighborhood Roadway Improvement. <br /> Ayes: Bennett, Housh,Masica,Swenson, Hovland <br /> Motion carried. <br /> Member Housh made a motion to adopt the assessment roll for Improvement No. BA-332, Creston <br /> Hills Neighborhood Roadway Improvement as presented. Member Masica seconded the motion. <br /> Rollcall: <br /> Ayes: Bennett, Housh, Masica,Swenson, Hovland <br /> Motion carried. <br /> BEARD AVENUE AND ABBOTT AVENUE ALLEY IMPROVEMENT NO. A-223 <br /> Page 1 <br />