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<br /> . "'I <br /> ARDEN HILLS CT;rY CO~CIL - MA Y 27. T 997 DRAFT 4 <br /> I <br /> Councilmember Hicks inquired regarding a shortage of $1 ,000,000 in the projected 1998 .. <br /> assessments. Mr. Stonehouse replied this was primarily due to the type of street design, a 36- <br /> foot wide street as opposed to a boulevard, and the fact that this was a one-sided frontage road. <br /> Councilmember Hicks inquired if the City would be responsible for this cost. Mr. Stonehouse I <br /> stated that was correct. <br /> Councilmember Malone stated the 1997 assessment would be applied to the developer, and I <br /> inquired if the developer was aware of this. Mr. Ringwald replied the City was discussing this I <br /> with the developer. <br /> Councilmember Malone inquired if these funds would be paid back to the City through TIF I <br /> financing. Mr. Ringwald stated that would most likely be the case. Mr. Post stated the City was <br /> also investigating the issuance of bonds to provide initial financing for such a project. <br /> Mayor Probst inquired regarding a legal issue related to this project, and inquired if it was likely I <br /> to remain an issue. Mr, Ringwald stated the issue would probably be resolved. <br /> MOTION: Hicks moved and Aplikowski seconded a motion to adopt Resolution #97-29, I <br /> Accepting Gateway Business District (GBD) Feasibility Report and Ordering the <br /> Preparation of Plans and Specifications. The motion carried unanimously (5-0). " <br /> Mr. Stonehouse noted MSA Consulting Engineers has been merged with Howard R. Green <br /> Consulting Engineers. He stated this should not affect his relationship with the City in any way, I <br /> and the merger would allow the City to be better served in the offering of some services. <br /> ADMINISTRATOR COMMENTS I <br /> Mr. Post stated the annual audited Financial Report for the year ended December 31, 1996 had I <br /> been provided for the reference section of the Arden Hills Library. <br /> Mr. Post briefly discussed the status of two assessments that were being challenged, and I <br /> recommended that actual improvement footages be ascertained as the improvement is completed <br /> to re-evaluate the adopted assessment on one of the challenged assessments. <br /> COUNCIL COMMENTS I <br /> Councilmember Malone stated a public hearing is scheduled for the Transportation Board of the I <br /> Metropolitan Council. <br /> Councilmember Malone inquired regarding the violation of the City's sign ordinance by the I <br /> Arden Hills Texaco over the past weekend. He stated this business was selling tires out of a <br /> truck trailer in violation of City ordinances. Mr. Ringwald stated this business had been .. <br /> contacted regarding the use of banners, and both this issue and the tire sales issue would be <br /> I <br />