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CCP 04-13-1998
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CCP 04-13-1998
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<br /> ARDEN HILLS CITY COUNCIL - MARCH 30 1998 ~ ~ ~~1 13 <br />. Mr. Aiken advised that they have researched several different policies and educated all who serve <br /> on the Committee. He stated they are taking a slow and reasoned approach but it is premature to <br /> assert the Finance Committee has come to any conclusion or that the policy should not be <br /> changed. <br /> Mr. Aiken stated that he also wants to address the comment made about the need to address the <br /> assessment shortfall. He stated the reason for the project cost increase has been due to the <br /> market but also consider that contractors are well aware of Statute 429 and the need for value <br /> increase. He noted that the properties in Arden Hills are valued higher than those in Mounds <br /> View and Mounds View received a lower per foot bid. Mr. Aiken stated the SWM Fund was <br /> established to take care of increased curbing and piping improvements to deal with drainage. He <br /> commented on the responsibility of the Watershed District and their taxing ability and noted their <br /> primary mission is to prevent flooding and improve water quality. He stated when the width of <br /> the road is increased and curb and gutter added, it also increases the amount of storm water <br /> generated. <br /> Councilmember Malone asked if the Finance Committee appointed him as a spokesperson. Mr. <br /> Aiken stated he is not representing them but wanted to state his position. <br /> Councilmember Malone stated Mr. Aiken had indicated he was not at the meeting, yet knew the <br /> Finance Committee addressed the 8% interest issue. Mr. Aiken stated the meeting was a work <br /> meeting that occurred prior to the Finance Committee meeting. He reviewed the alternatives <br />. presented by Mr. Post and stated he was referring to that memorandum. <br /> Councilmember Malone pointed out that Mr. Aiken had indicated the Finance Committee has not <br /> voted on the eight percent issue and had not concurred with an eight percent rate. Mr. Aiken <br /> explained that it has been stated and implied that the Finance Committee has agreed with an eight <br /> percent rate but there is no record of a vote being taken on that particular issue. <br /> Councilmember Aplikowski stated there has been no vote or resolution but an open discussion <br /> occurred about the interest range 01'6.75% and up to 8% and it was discussed. She indicated that <br /> there is a difference of opinion between members of the Finance Committee on the amount that <br /> should be paid but there was no vote taken at that meeting. <br /> Mr. Aiken stated he is just presenting his comment as a resident who served for a year and one- <br /> half on the Finance Committee. <br /> Councilmember Malone stated he was only asking Mr. Aiken ifhe represented the Finance <br /> Committee. Mr. Aiken stated the answer is no. <br /> There were no other public comments. <br />. <br />
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