05-11-15-R - Laserfiche WebLink

Home Browse Search

ARDEN HILLS CITY COUNCIL—MAY 11, 2015 7 Mayor Grant asked for further information from bond counsel regarding State Statutes and conduit bonds. John Utley, Kennedy & Graven, discussed the bond management fee payable to the City for conduit bonds. He reported that the City could designate up to $10 million in conduit bonds each year. He advised that the bond fee would be addressed further by the Council and staff at the Public Hearing. Mayor Grant reported that the conduit bonds would be used by Presbyterian Homes to construct a 40 unit independent living facility referred to as the Brownstones. MOTION: Councilmember McClung moved and Councilmember Holmes seconded a motion to approve Resolution #2014-032, Calling for a Public Hearing and Authorizing Publication of a Notice of Public Hearing with respect to the proposed issuance of Revenue Bonds under Minnesota Statutes for the benefit of Presbyterian Homes of Arden Hills, Inc. The motion carried (4-0). 9. UNFINISHED BUSINESS None. 10. COUNCIL COMMENTS Councilmember Holmes discussed the Planning Cases that were reviewed on May 6, 2015 by the Planning Commission. She indicated that there were concerns with parking that was occurring at Bethel University during sporting events. She was in favor of staff investigating this matter further. Public Works Director Maurer reported that he received a letter from Bethel University. He provided the Council with a copy of the letter and noted that Bethel was in favor of adding the "No Parking" signs to the east side of the roadway. In addition, Bethel would try to provide enough parking on campus for its sporting events. He stated that staff would work with the public works staff and the County to have "No Parking" signs posted. Mayor Grant reported that he lives in the Chatham neighborhood and the parked cars from Bethel were creating safety concerns. He supported additional "No Parking" signs being posted. Public Works Director Maurer explained that he would be in touch with the County to get these signs posted. Councilmember Holmes asked if the May 4th Council meeting was televised. Mayor Grant indicated that audio of the meeting was recorded and that minutes would be drafted, but the meeting was not televised. Councilmember Holmes questioned when the Council would be discussing the Stacie Kvilvang memo.