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. . . ARDEN HILLS REGULAR CITY COUNCIL MEETING MINUTES AUGUST 25, 2003 5 candidate to take advantage of the favorable bid climate and utilize funds allocated for lift station rehabilitation in 2003 and not encumbered by the Lift Station #2 and #5 rehabilitation project. He indicated the estimated project cost for Lift Station #7 was $110,000, which would be funded entirely by the City Sanitary Sewer Utility. He stated the project is planned to be combined with the Karth Lake Pumping Improvements for bidding with the intention of realizing some cost savings through economy of scale. He noted the City Engineer recommended the advertisement for construction bids for this station. MOTION: Councilmember Grant moved and Councilmember Larson seconded a motion to authorize to advertise for bids for Lift Station #7. The motion carried unanimously (4-0). B. Resolution No. 03-55: Authorizing the Creation of the Karth Lake Improvement District & Set Public Hearing Mr. Parrish stated consistent with previous Council's direction, the Resolution approved the preliminary engineering study necessary to establish a Lake Improvement District around Karth Lake. In addition, a date for the public hearing to establish the district was also set. He noted it was necessary to give the DNR 40 days notice prior to the public hearing creating the district. He indicated to meet this deadline and still have the hearing on September 29, the engineering report was forwarded to the DNR on August 20. He stated if all goes according to plan, the district should be created and the bid for the project awarded at the September 29 meeting. Councilmember Larson asked what the lake level had dropped to since their last discussion. Mr. Moore replied the lake was going down 1/l0th of an inch a day. Councilmember Larson asked for clarification on the Lake Improvement District's responsibilities and asked how long would the District last. Mr. Filla replied the District would continue until Council decided it was no longer necessary. Councilmember Larson noted he hoped the District was disbanded once the assessments were paid for. He stated he believed the City should not get involved in trying to oversee the interest of the lakeshore property owners. He noted it was better if the residents set up their own association and not the City.