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. ""Minutes of Regular Council Meeting Dec. 27, 1982 Page Three Council deferred action un ti I the next meeting pending Bauer's re- port on these two concerns. REPORT OF VILLAGE TREASURER DONALD LAMB Inves tmen ts 12-17-82 $186,296.12 @ Twin Ci ty Federal at 8.70% interest, to mature 3-17-83 12-20-82 $115,000 @ Twin Ci ty Federal at 8.7% interest, to mature 1-11-83 . $422,915.89 @ Twin City Fede ral at 8.80% in te re s t , to mature 3-17-83 Lamb reported that the savings accoun ts at Roseville and North- western Banks have been changed to money market accoun ts at a higher interest rate. Hicks moved, seconded by McAllister that Council ratify the T rea- surer's investments. Motion carried unanimously (5-0). Request to Extend Time for Payment of Final Installment of Park Dedication - Christianson/Heimbach Subdivision McAllister moved, seconded by JOhnson, that Council approve defer- red paymen t of the final park dedication installment for the Christianson/Heimbach subdivision until the sale of the third lot or January 1, 1984, whichever occurs firs t. Motion carried usan- imously (5-0). Cit of Mounds View Re uest to Su ort Efforts to Prevent Ex an- sion of the Anoka Blaine Airport In discussion, it was noted that the purpose of the proposed ex- pansion is to re lieve the maj or airporta, taking smaller traffic from the maj or airports and providing a smoother flow of traffic in the area; a general up-grading is proposed which can support com- muter service eventually, but it is not proposed to accommodate commercial aircraft. Mulcahy said he is not convinced the expansion is needed by private aircraft: is inclined to support Mounds View's request; feels all towers will have to have strobe lights, if the expans ion is approved; feels more study is needed. No Council action was taken. Ramsey County League Report on Municipal Court System It was noted that an informational meeting will be held at the Venetian Inn at 7:30 p.m. on January 19 th relative to the munic- ipal court system. No Council action was taken OTHER BUSINESS . County Road E/Hamline Ave. Acces s Prob lem Johnson reported that he could not see a problem at the inter- section: aignals seem to be functioning properly; will call com- plainant. It was suggested that complainant present his prob lem to the Pub lie Safety Committee at its January meeting. Wingert Memorial Johnson has plans ready for Council's consideration in early 1983. Briarknoll Pedestrian Trail (Briarknoll 1) Council concurred that the developer be req ues ted to complete the blacktopping of the 5' wide path (Indian Oaks Trail to Norma Ave. ) as required when plat was approved (Council Minutes of 4-17-78). -3-