HomeMy WebLinkAbout19850701_specialMITWTES
OF THE SPECIAL NEETING OF THE
EDINA CITY COUNCIL HELD AT CITY HALL
JULY 1, 1985
5:OO P.N.
In attendance were Members Bredesen, Richards, Turner and Mayor Courtney.
CITY'S CAPITAL PLAN FOR 1986 REVIETJED. -Gordon Hughes, Assistant City Manager,
stated that this special meeting was scheduled so that the Council could review
the Ten Year Capital Plan for the City which had been developed during 1984.
The Capital Plan is to.be updated each year prior to budget planning time with
a detailed schedule for the coming year.
Plan is considered part of the City's Comprehensive Plan by law and to be adopted
it must be heard by the Community Development and Planning Commission and the
City Council at public hearings.
the Capital Plan preliminary approval at its regular meeting at 7:OO p.m., have
it heard by the Planning Commission on July 31 and have a final hearing in
August by the City Council.
Jerry Dalen, Finance Director, then reviewed the Ten Year Capital Plan in detail,
with projections for the years 1986 through 1995, showing estimated costs and
estimated revenues. The Operating Budget, Working Capital Fund and State-Aid
Construction Account projections were explained. The Council then reviewed the
Capital Plan for 1986 showing General Fund & Related Funds capital expenditures
of $2,314,000; Utilities capital expenditures of $131,000 and Golf Course capital
expenditures of $1,200,000 proposed for 1986, together with funding for same.
Because the purpose of this special meeting was to review and discuss the Capital
Plan, no formal action was taken.
The Strategic Plan - 1986 Short Term Objectives was briefly discussed.
informally agreed that the staff would recommend short term objectives for 1986
for the Council to discuss at a special meeting to be scheduled.
From a process standpoint, the Capital
Mr. Hughes advised that the Council could give
It was