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<br />ARDEN HILLS REGULAR CITY COUNCIL MEETING MINUTES <br />APRIL II, 2005 <br /> <br />10 <br /> <br />. <br /> <br />Councilmember Holden stated it was her understanding when she voted for the framework plan <br />that those cC'sts were part of that vision. Mr. Clark stated in the framework plan, that plan had <br />been changed to eliminate the recreational center and instead they put it in as a potential <br />community civic use, He noted they might or might not have a recreational center on the plan. <br /> <br />Council member Holden stated at the time she approved this, she believed this was in the <br />framework plan and she wanted the residents to know that there might not be a reduction. Mr. <br />Clark noted there was enough of a spread that there would be a positive result. <br /> <br />Sid Inman, Ehlers & Associates, stated ifthey financed this with the general levy, this was not <br />included in the analysis, but ifthey did not use the general levy to finance this, it was included in <br />the analysis. <br /> <br />Councilmember Grant asked for a clarification on page 4 of9 under C. Mr. Filla replied the <br />proposal had to comply with very strict provisions of this policy before they would favorably <br />consider this. He stated there was a legal difference between the two things, He noted this was <br />not a legal commitment. <br /> <br />. <br /> <br />Councilmember Holden asked if the proposal came in with all of the terms, she would have to <br />agree with it. Mr. Filla replied that was correct, but the Council still had some latitude. He <br />noted all they were doing was approving this document tonight and this was not obligating the <br />City to any amounts. <br /> <br />Councilmember Holden asked for clarification on Page 7 of9 6H regarding fees. She asked if <br />fees could only be applied to certain areas of the City. Mr, Filla stated as he read it, there had to <br />be some kind of a connection between fees and costs, He stated they could structure fees for the <br />TCAAP area only. <br /> <br />Councilmember Grant stated one of the goals was to minimize risk to the residents of Arden <br />Hills. He stated he believed this was the one document that future Councils would look back to <br />and he was not comfortable leaving the language on Page 4 of9 with reference to the bonding. <br />He wanted this limited to general non-obligation bonds. Mr. Clark stated the intent was that the <br />primary focus ofthis would be City assessment bonds and that this had been discussed at the <br />February 22 meeting and they had a very general statement in there that the City might consider <br />the issuance of general obligation bonds. <br /> <br />Mr. Filla stated when proposals were made to the City for a certain kind of financing tool, the <br />policy indicates that Council would not select one that puts the public at risk and this policy said <br />they would chose the one that would not affect the existing taxpayers. <br /> <br />. <br /> <br />Councilmember Holden stated if the sole purpose of the policy was to uot affect the existing <br />taxpayers in the community, why would they leave the general obligation bonds in. She stated <br />before they went forward with this she wanted to know if the bottom line would be that TCAAP <br />was going to cost the current taxpayers money. Mayor Aplikmvski stated the actual <br />