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<br /> ARDEN HILLS CITY COUNCIL WORKSESSION -MAY 19. 1997 3 <br /> . <br /> Mr. Fritsinger advised Councilmembers tl1at these issues were planned for incorporation <br /> in tl1e Developer Agreement currently being drafted, with the developer making a <br /> commitment to the dates for respective phases, witl1 tax levels at that time showing the <br /> parcels as developed properties. <br /> It was the consensus oftl1e Council to leave the southerly extension of the eight inch <br /> water main that currently exists, rather than extending the twelve inch water main. <br /> It was also the consensus oftl1e Council that more consideration be given to tl1e selection <br /> of tree plantings along the boulevard roadway sections, rather tl1an quantity of plantings. <br /> Council directed staff to have the City's consulting engineers prepare the Feasibility <br /> Study for formal presentation at tl1e May 27, 1997 Council meeting. <br /> Further discussion ensued regarding bond issuance, its process, public hearing <br /> requirements, and/or tl1e need for a public informational meeting. Staff was directed to <br /> review tl1e bond issuance procedure and inform Councilmembers accordingly. <br /> . e. 1998 Budget <br /> City Administrator Fritsinger reviewed the 1998 Budget process and proposed calendar. <br /> Discussion ensued regarding the Park Fund, and use of an annuity plan to spend down <br /> principal and interest. Ms. Walsh was directed to clarify this issue with the Parks and <br /> Recreation Conunission as tl1ey prepare future budgets. Councilmember Keim, as <br /> Council liaison to the Commission, advised Councilmembers that Commission members <br /> were anticipating the need to fund some park development at TCAAP. <br /> Mr. Fritsinger also presented preliminary 1998 Capital Improvement worksheets by <br /> department. Further discussion is scheduled to take place at the June 16, 1997 Council <br /> Worksession. <br /> It was tl1e consensus of the Council that goals for tl1e 1998 Levy reflect a zero increase <br /> baseline with identified additional spending priorities resulting in no more than a three <br /> percent (3%) increase. <br /> CITY ISSUES - LONG TERM <br /> a. Assessment Policv <br /> Consideration of potential revisions to the City's current Assessment Policy were not <br /> available for discussion, pending receipt of recommendations from the City's Finance <br /> . Conunittee. <br />