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I Ie I I I I I I I Ie I I I I I I I. I I .ARDEN HILLS CITY COUNCIL -JULY 10. 1995 3 Mr. Fritsinger indicated the City Engineer believes a twelve inch watermain is more appropriate than a ten inch. He noted staff is still awaiting confirming data from the National Guard, indicating that a ten inch watermain would be adequate for their needs. Mr. Fritsinger pointed out there will be a $25,000 connection fee charged to the National Guard. This fee will be paid in two installments one of $5,000 at the start and $20,000 to be paid in 1997. Councilmember Hicks noted in regards to the letter received on July 10, 1995, it is the National Guard's opinion the ten inch pipe would be sufficient. He inquired if the City is anticipating development that would require twelve inch piping. Mr. Fritsinger indicated the City Engineer's recommendation is to use a twelve inch watermain. Staffhas requested computations from the National Guard, to show their basis for using a ten inch watermain. Mayor Probst indicated the Council had previously talked about oversizing the pipe because of the potential joint public works facility and any future looping etc. would be better served by a twelve inch watermain. Mr. Fritsingerpointed out the contribution of the City would not exceed the $19,875. This amount would include the twelve inch watermain. MOTION: Aplikowski moved and Malone seconded a motion to adopt Resolution 95-54, approving the water/sewer Connection Agreement with the National Guard subject to receipt of a signed Connection Agreement from the National Guard. The motion carried unanimously (5-0). Presbyterian Homes Revenue Bond Refinancing Request City Administrator Fritsinger indicated the City has received a request from Presbyterian Homes to consider the approval of a Health Care Revenue Bond in the amount of $2,250,000. Mr. Fritsinger indicated the City in late 1991 and early 1992 approved action which permitted the refinancing of an existing Revenue Bond issued for Presbyterian Homes. Currently, the City records show an outstanding debt remaining on these Revenue Bonds of$619,000. Mr. Fritsinger pointed out these funds will be used exclusively for the operations in Arden Hills. There will be some savings to the residents of Sutton Place as a result of this refinancing. Mr. Fritsinger indicated staff recommends the Council schedule a Public Hearing on Monday, August 14, 1995 at 7:30 p.m.