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ARDEN HILLS CITY COUNCIL—MARCH 12, 2012 2 Community Development Director Hutmacher explained that on March 1st a stadium deal between the Minnesota Vikings, the State of Minnesota and the City of Minneapolis was announced. The $975 million project would be completed on or just east of the existing stadium site. The Vikings would provide $427 million for the new stadium. The State of Minnesota would provide $398 million, while the City of Minneapolis would provide $150 million. The State contribution would be funded through electronic pull-tabs and virtual bingo. Annual operating costs were expected to be $20 million per year. Renovations for the Target Center were being discussed. Legislative hearings may begin this week. B. Homeownership and Foreclosure Prevention Meetings Community Development Director Hutmacher commented that this was an informational item meant to be passed along to the City of Arden Hills residents. She indicated that Rondo Community Land Trust was a non-profit organization available to assist low to moderate income families with home ownership. An informational meeting was being held at the Shoreview City Hall on March 15th from 5:00-8:00 p.m. She encouraged those interested to attend the event. Community Development Director Hutmacher stated Rondo Community Land Trust was also holding foreclosure prevention meetings on March 22"d and April 12th from 5:00-8:00 p.m. by appointment only at the Shoreview City Hall. Those interested should call 651-221-9884. Additional information is available on the City's website at www.ci.arden-hills.mn.us. Councilmember Holden questioned if this group would have information for residents that were upside down on their home. Community Development Director Hutmacher stated that she thought that this was the case and she recommended residents contact Rondo Community Land Trust with their questions. 4. APPROVAL OF MINUTES A. February 13, 2012, Work Session MOTION, Councilmember Holden moved and Councilmember Werner seconded a motion to approve the February 13, 2012 Work Session Meetine minutes as presented. The motion carried unanimously (4-0). 5. CONSENT CALENDAR A. Claims and Payroll B. Authorize City Staff to Begin Summer Work Hours on May 29, 2012, and Conclude on August 31, 2012 C. Approve Revised Precincts and Polling Places for the Primary and General Elections in 2012 D. Terminate Agreement between the City of Arden Hills and Hill Capitol. Strategies, Inc.