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I MINUTES OF COUNCIL WORKSESSION OF 4/20/93 PAGE TWO . contract with the City of Arden Hills and in turn the City of Arden Hills would contract for water service with the City of Mounds View to provide water to that site with the State being charged our water and sewer rates. Attorney Filla recommended to Council not to sign agreement, MOTION: Sather moved, seconded by Probst to direct City Administrator and City Attorney to work with the City of Mounds View and the State of Minnesota and prepare appropriate agreements for Council review, Motion carried unaninlOusly, (5-0), Review Possible Impact of Water Supplier Cost Increase On Water Utility Fee Schedule. City Administrator commented that the notice of a proposed water rate increase was included in the water billings recently mailed to residents. Staff has received several inquiries as to the reason for the increase and that citizens are requesting an informational meeting regarding the proposed increase, It was discussed that the City could discontinue the minimum charge and the senior discount, Sather commented that since the City receives their water through the City of Roseville and in turn the City of Roseville receives their water from the City of St, Paul, the City of Arden Hills has no recourse but to bill for the increased rates. The City would enter into a financial risk if the cost is not passed on to the users and the City is sinlply passing on the cost of doing business. It was agreed that the City has provided the senior discount and the mininlum charge and did not feel it should be discontinued at this tinle, . MOTION: Malone moved, seconded by Hicks to adopt the proposed water rate increases effective with the second quarter water billing, Motion carried unanimously. (5-0), TIF Update. Developers Agreement - "The Cottages" Carolyn Drude from Ehlers and Assoc arrived and provided Council with direction on procedures to follow after the Public Hearing scheduled for April 26, 1993, She commented if the Developers Agreement could be finalized and approved on April 29, it would be to the benefit of both the City and the developer. She questioned Council if all issues of concern have now been addressed in the agreement. Malone voiced a concern when TIF monies are no longer needed, what becomes of the property, Malone stated the City should have protection against the possibility of the developer selling the property. Ms. Drude commented the lender would secure protection as they would have a vested interest in the property. Ms, Drude also noted that reassignment of the TIF monies would be required if the project changes ownership. If the project would change ownership, a condition could be written into the agreement that the TIF monies be renegotiated. Accountant Post commented he feels strongly that if the project would become financially more successful than anticipated that T1F monies should be measurable on an annual basis. Council strongly supported Post to be creative in assisting in verbiage of the Developers Agreement. Ms, Drude stated that the Council can Adopt the Resolution, Establish the District and certify the District at . the Council meeting of April 26 after the Public Hearing, 1992 Audit Report Gary Groen representing Abdo, Abdo & Eick arrived and referred to his report and commented the General Fund is up over $12,000 from 1991. During 1992, non. reimbursable 1991 pavement management costs were refunded to the General Fund