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ARDEN HILLS SPECIAL CITY COUNCIL WORK SESSION — SEPTEMBER 9, 2024 18 Mayor Grant asked Finance Director Yang to recalculate the numbers, making the cuts discussed and include it in the Admin Update. Councilmember Rousseau asked to see what the numbers would look like if the Parks Manager position started after quarter I vs. waiting until June or July. Finance Director Yang asked what the decision is on the timing for the Public Hearing for franchise fees. Councilmember Holden said that wouldn't be until January. Councilmember Monson asked for clarification that we would want to have a decision prior to the debt in May. She thinks the fire department will want a clear indicator of how the bonding for the fire department will be done. She thinks it's important to commit to how the bond will be paid, as this is a partnership with three other cities. It should be clear, if we issue a bond in 2025, this Council will use franchise fees to pay that back. Councilmember Holden said it's our bond. She doesn't think the fire department will care how we pay it back. Councilmember Monson said it shows commitment that we are going to pay it back. Interim City Administrator Jagoe said she will coordinate the Public Hearing for the franchise fees before the end of the year. Finance Director Yang said the last piece to consider is the franchise fee debt service schedules. The biggest thing will be determining the term that will establish the overall rate. She will follow up with Council at the next work session. Councilmember Rousseau announced she was leaving at 9:52 pm. Mayor Grant said he thinks we need to talk to Xcel in terms of franchise fees and their terms. Councilmember Monson thinks it is relatively easy. She thinks Council just tells them and they will do it. Finance Director Yang confirmed, it's straight forward. D. Parks Lead Discussion This item was not discussed. E. Rice Creek Commons/TCAAP Discussion This item was not discussed. F. Agenda Planning