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<br />Nil'utes of Ardon Hill,; Council ~'e'i!t:_ng <br /> <br />.June 2:1, 1982 <br /> <br />In discussion, Colestock stated that the industrial <br />nark was happy with its roads and drainage before; <br />~ad a perfectly good road and sewers that were <br />to.n up; no~ must pay for a new sewer and road system. <br />~olestock said that numerous people will benefit <br />from the improvement, not just tbe industrial park; <br />industrial p3rk has already paid for streets and <br />sewers. eol.stock said there will be "through traffic" <br />from Lexington to Highway 51, which does not occur <br />no.. Road will be used by the general public. <br /> <br />. <br /> <br />Council disc!8sed various alternatives for use of <br />NSA funds. <br /> <br />After discus0ion, Council concurred tD proceed with <br />Alternative 2A (abo~t an 80% assessment) _ <br /> <br />Assess @ $50/ft, credit $11,064 for previously <br />assessed properties and add capitalized inte~est <br />for one year. <br /> <br />~iltra_U.on/Il1f1,,,, Analysis Repol:t <br /> <br />(Deferred to July 26 ~ouncl1 Meeting). <br /> <br />Floral Drlve/H..llne Avenue Intersection <br />Council requested the City Engineer to prepare ~ sketch ot <br />suggested turn lanes at the Floral Drive & Hamllne Avenue <br />intersection tor Council's consideration. <br /> <br />Bank, to mature 11-15-82. <br /> <br />_...... ._..-.. ._.~_._~._--"",..... .~... ... ......""-~ .'Y.............~ ... _._.....__ <br /> <br />6-18-82 - $100,000.00 @ 14.5% interest at American Nationsl <br />Bank, Se. Paul, to mature 10-11>-82. <br /> <br />$205,991.75 @ 14.9% interest at Twin City Federal <br />S & L, to mature 12~17-B2. <br /> <br />6-21-82 - $253,000.00 @ 13.75% interest at Northwestern <br />National Bank, St. Paul, to mature <br />9-30-82. <br /> <br />6-25-82 - $430,416.67 @ 14 3/8% interest at Northwestern <br />National Bank, St. Paul, to mature <br />8-Z4-82. <br /> <br />($75,000 into savings). <br /> <br />McAllister moved, seconded by Hicks, that Council ~ratify the <br />Treasurer's investments. Motion carried unanimously (5-0). <br /> <br />OTHER BUSlliESS <br /> <br />. <br /> <br />~ic Wort~...s.~~ittee_ Meeting of June 16th <br /> <br />Hicks referred Council to rBcommendation of Public Works Committee <br />re 1a tl VB 1;,: .QSfO _0 i_.BIa,;!: Di~2..0~L~E-..S andh~ }fa Eli! rf.al (MinH tes 0 f <br />6'-16-BZ), l'ecomr,'Elndil1g the use of 'Hilt, sand and black diar,lOnd for <br />the 1982-83 season. <br /> <br />Hicks repo-1'ted that co~t, damage to bicycle tires, trackiYl~, into <br />garBles and homes and late Bweeping of streets were consiierations <br />discussed. <br /> <br />Council COIlcurred uith the Public Works Corumittee recoilimen~st1on <br />for the 19l12-83 season. <br /> <br />Hicks'reported that Street Sweepinf;.was di.scussed by the Committee; <br />Committ.e indicated that 80mB of the problems with use of ftBlack <br />Diamond" weee probably attributable to the late swseping; private <br /> <br />-l,- <br />