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<br /> CITY OF ARDEN HILLS <br /> MIHlllHlCM <br /> . TO: ~ >>lD CITY CClllH:IL <br /> J'llCI(: 1Jl..&<L1J:I:Llt' A. PERSCIl', CITY ~ <br /> DM'E: JULY 20, 1993 <br /> StlBJEC'l': CITY ~'S BllCKGRaH) ~ <br /> FCB CClllH:IL ........,.,.-n:tIf OF 7/20/93 <br /> 1- Sheriff's DepartJnent 1994 bJdget request. See IIIE!III) attached. <br /> 2. Fire DepartJnent 1994 bJdget request. Maj=ity of n;<:t"'IlSSion will <br /> be centered on continued request f= fulltime staffilX] (see <br /> enclosed) . <br /> .. <br /> 3. 1994 Road Pri=ity Proposal (see attached IIIE!III)). <br /> . Council n;<:t"'IlSSion requested regarding preliminary <br /> identification of roads and whether to reconstruct, recycle = <br /> other . <br /> . Road turnbacks - County turnback dollars appear minimal to <br /> roads and future work ~"'Ity. <br /> 4. 'lbe Cottages - Develq;JerS 1\greeule11t - Final draft review enclosed. <br /> . Most recent areas addressed are: <br /> . 1.15 average debt coverage ratio. <br /> . Seniors only - at least one resident <br /> . Request f= an additional $5,000 in escrow fran developer <br /> (total $7,500) to cover financial consultant and bani oounsel <br /> fees. <br /> General Informational Items: <br /> 1- 1994 Budget request letter from Nortrn;est YM:A. <br /> 2. Investment Portfolio thru 6/30/93. <br /> General FUnd Budget SUmIrary thru 6/30/93. <br /> Budget SUmmary (All fuOOs) thru 6/30/93. <br /> . <br />