CCP 02-24-1992 - Laserfiche WebLink

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d", ... Minutes of the Arden Hills Regular Council Meeting, 1-D-92 '-, '. Page 2 RES. #91-73; Malone moved, seconded by Growe, to adopt Resolution . AOOPI' 1992 BUJ:X;El' No. 91-73, AOOPl'ING'lliE 1992 B1J[X;El', noting that the water and sewer enterprise funds now reflect total expenditures, including noncash depreciation expenses, as would be shown in the year end income statements of these funds; however, the J:.udget document also shows the cash outlays planned for capital equipment during the year. Motion =ied W13I1imously. (5-0) eouncilmernber Mahowald questioned if the Auditor agrees with the change in presenting this infonnation in the Budget document. City A=untant SWanson advised. the Auditor was o:mtacted and =nctrrTed with the change. RES. #92-06; Council was referred to a memorandum from the Clerk PREMISE PERMIT Administrator dated 1-9-92, and attached documents, sr. PAUL TURNERS relating to the request for renewal of the Premise CHAR. GAMBLING Permit for st. Paul Turner's Gymnastics s=iety. Mayor Sather explained that the Turner's organization has requested Council reconsider the renewal of the premise permit which was previously denied at the December 30, 1991 meeting. He referred to letter from Turner's dated 1-8-92, offering the city scholarships to be awarded to residents within the trade area, in lieu of a cash donation to meet =mpliance with the Ordinance. Sather stated Attorney Filla has advised. it would be extremely difficult to administer the scholarships and it is questionable if this type of donation would . meet state statute guidelines for lawful purpose =ntriJ:.utions. The Mayor advised. that during subsequent =nversations with Turner's representatives, they agreed to provide the city with a promissory note in the amount of $20,000.00, to be drafted by the city Attorney and payable by March 29, 1992. Sather explained the actual premise permit for this organization expires March 31, 1992 and the City would have time to rescind the approval of the premise pennit in the event the note is not paid. He questioned if this proposal is acceptable to eouncilmembers. Councilmernber Mahowald =nmented the donations presented by Turner's and the proposal are a =nsiderable inlprovement from previous suggestions for corrpliance. He questioned the amount of Turner's total net profit for 1991. Nancy Brunzel advised. the total for 1991 is approxirPately $DO,OOO.OO; the amount due to fulfill the 50 percent requirement would be $54,500.00. Mahowald noted the $30,000.00 carrrrnitted this evening, $20,000.00 note in addition to the $14,000.00 from ten percent tax brings the organization into =mpliance. Mahowald further questioned if Turner's is =nfident the organization will be able to fulfill the 1992 requirement for expenditures in the trade area. .