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<br />. <br /> <br />. <br /> <br />. <br /> <br />ARDEN HILLS CITY COUNCIL - MAY 24, 1999 <br /> <br />11 <br /> <br />MOTION: <br /> <br />Councilmember Malone moved and Councilmember Aplikowski seconded a <br />motion to authorize the execution of documents pertaining to the City's joint <br />purchase of an Easement Machine with White Bear Lake. The motion carried <br />unanimously (5-0). <br /> <br />E. Resolution #99-16, Resolution calling for a Public Hearing on the Issuance of <br />Revenue Bonds to Finance Housing and Health Care Facilities and a Proposed <br />Housing Program, and Authorizing the Puhlication of a Notice of the Hearing <br />(Presbyterian Homes Housing and Assisted Living, Inc. Project) <br /> <br />Mr. Fritsinger explained Presbyterian Homes had contacted the City with regard to an action <br />involving bonding of approximately $30 million for a variety of facilities operated by that <br />organization. He noted the City has been involved in a number of projects like this in the past, <br />including the refinancing of some outstanding bonds in 1995. <br /> <br />Mr. Fritsinger stated this case involves a revenue bond, and the City lends its name to the issue <br />without any obligation or responsibility. <br /> <br />Councilmember Malone stated he is familiar with this process, adding it will not affect taxpayers <br />or the City's borrowing capacity in any way. <br /> <br />MOTION: <br /> <br />Councilmember Malone moved and Councilmember Aplikowski seconded a <br />motion to approve Resolution 99-16, calling for a Public Hearing on the issuance <br />of revenue bonds to finance housing and health care facilities, and a proposed <br />housing program, and authorizing the publication of a notice of the hearing <br />(Presbyterian Homes Housing and Assisted Living, Inc. Project). The motion <br />carried unanimously (5-0). <br /> <br />F. 1999 Committee Appointments <br /> <br />Mr. Fritsinger explained the Council had agreed at a recent worksession to make committee <br />appointments at this evening's meeting. He added a number of residents have expressed interest <br />at a recent organizational meeting on May 17, 1999, and some residents had previously <br />expressed interest. I-Ie noted the list given to the Council reflects only those residents who <br />expressed interest on May 17. <br /> <br />Mr. Fritsinger requested the Council's direction on these committee appointments. <br /> <br />Mayor Probst suggested the Council should determine interest from current committee members <br />at this month's meetings, and perhaps re-appoint current membership through the next cycle <br />appointment. <br /> <br />Councilmember Malone expressed agreement, adding the Council might wish to provisionally <br />appoint those residents who have expressed interest. Mayor Probst noted some residents have <br />expressed interest in numerous committees. <br />