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. . . Minutes of the Arden Hills Regular Council Meeting, 1-13-92 Page 2 RES. #91-73; Malone moved, seconded by Growe, to adopt Resolution ADOPI' 1992 BUI:XiEl' No. 91-73, ADOPI'ING'IRE 1992 BUI:XiEl', noting that the water and sewer enterprise funds rr:M reflect total expen:iitures, including noncash depreciation expenses, as would be shown in the year end income statements of tbese funds; however, the b.1dget document also shows the cash outlays planned for capital equipnent during the year. Motion carried unaninPusly. (5-0) eouncillrember Mahowald questioned if the Auditor agrees with the change in presenting this infonnation in the Budget document. city Accountant SWanson advised the Auditor was contacted and =ncurred with the change. RES. #92-06; PREMISE PERMIT sr. PAUL TURNERS CHAR. GAMBLING Council was referred to a memorandum fram the Clerk Administrator dated 1-9-92, and attached documents, relating to the request for renewal of the Premise Permit f= st. Paul Turner's Gymnastics Society. Mayor Sather ~lained that the Turner's organization has requested Council re=nsider the renewal of the premise pennit which was previously denied at the December 30, 1991 meeting. He referred to letter fram Turner's dated 1-8-92, offering the City scholarships to be awarded to residents within the trade area, in lieu of a cash donation to meet compliance with the Ordinance. Sather stated Att=ney Filla has advised it would be extremely difficult to administer the scholarships and it is questionable if this type of donation would meet state statute guidelines f= lawful purpose contrihrtions. ~ Mayor advised that during subsequent conversations with 'I\1rner's representatives, they agreed to provide the City with a promissory note in the aJOOUIIt: of $20,000.00, to be drafted by the City Attorney and payable by March 29, 1992. Sather ~lained the actual premise permit for this organization expires March 31, 1992 and the City would have time to rescind the approval of the premise permit in the event the note is not paid. He questioned if this proposal is acceptable to Councilmembers. eouncillrember Mahowald camnented the donations presented by Turner's and the proposal are a =nsiderable ilnprovement fram previous suggestions for compliance. He questioned the amount of Turner's total net profit for 1991. Nancy Bnmzel advised the total f= 1991 is approximately $130,000.00; the amount due to fulfill the 50 percent requirement would be $54,500.00. Mahowald noted the $30,000.00 committed this evening, $20,000.00 note in addition to the $14,000.00 from ten percent tax brings the organization into compliance. Mahowald further questioned if Turner's is confident the organization will be able to fulfill the 1992 requirement f= expenditures in the trade area.