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. I . . .Minutes of the Arden Hills Regular Council Meeting, July iI, 1988. Page 6 REPORT OF ENGINEER CULVERT; VALENTINE HILLS PLAT NO. 2 Council was referred to a memorandum from Engineer Barry Peters dated 7-8-88 regarding the drainage culvert at Valentine Hills No. 2 pond. Peters reported that pipe and it appeared size and both he and he and the Public Works Supervisor had viewed the outlet to be clean. He advised he had discussed replacement pipe Raddatz determined an 18-inch size pipe would be best. The Engineer advised the estimated cost for replacing 620 feet of pipe, reconstruction of the manhole and two catch basins would be approximately $39,000. Peters stated that replacing the existing 12 inch pipe with an 18 inch pipe would allow the water to drain at a faster rate and will lower the 100 year pond elevation approximately 1 foot. He also advised the faster discharge may have an impact on the lower pond near Old Highway 10. Public Works Supervisor Raddatz stated the need to replace the pipe is not immediate and Council could consider budgeting the funds necessary for the improvement. He stated it is his opinion the pipe will have to be replaced in the future. Raddatz pointed out that the developer of the Valentine Hills Plat No. 2 has plans to regrade the culvert; he suggested the situation could be assessed after the regrading is accomplished. No Council action was taken on this matter. REPORT OF TREASURER RES. NO. 88-23; AUTH. 4M FUND Hansen moved, seconded by Peck, that Council approve Resolution No. 88-23, Authorizin~ Entry Into A Joint Powers Agreement In the Form Of A Declaration Of Trust Establishing An Entity Known As "Minnesota Municipal Money Market Fund" And Authorizing Participation In Certain Investment Pro~rams In Connection Therewith. Motion carried unanimously. (4-0) INVESTMENTS Treasurer Green reported on the following investment: 7-7-88 - $600,000.00 invested in 30 day CD at Midwest Federal, @ 7.45%, to mature 8-8-88. Hansen moved, seconded by Winiecki, that Council ratify the Treasurer's report. Motion carried unanimously. (4-0) REPORT OF PUBLIC WORKS SUPERVISOR RAMSEY CO. REQUEST; OVERLAY CO. ROAD D Council was referred to a memorandum from Public Works Supervisor Raddatz dated 7-7-88 relative to an inquiry from Ramsey County concerning Arden Hills interest in road improvements on County Road D. cost participation for Raddatz reported the County is proposing to overly County Road D and would like to pave the 6-foot wide shoulders at the same time. Arden Hills would have to pay 75% of the cost of the bituminous shoulders and share the cost with the City of Roseville. Raddatz stated each City would pay $4,750.00; the estimated total cost for 6-foot shoulders on each side is $11,616.00. Councilmember Hansen expressed concern that improvement of the shoulders along County Road D may cause residents to use the shoulder as a driving lane; she also commented the improvement would be welcomed by bikers and joggers in the City. Hansen questioned if funds would be available for Arden Hills to participate in the improvement; she noted the work is scheduled for August of this year. McNiesh suggested the funds could be taken from the PIR fund and not reimbursed to the fund; the only other fund that could be utilized would be the General Fund.