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<br />~ <br />~HILLS <br /> <br />Group reviewed the Comprehensive Annual Financial Report (CAFR). Clarification of the operating <br />grants and capital grants was requested (pg 65-66). TIF bonds are not counted against the City or Arden <br />Hills residents. G.O. Bonds count towards debt and is backed by the City and Arden Hills residents. <br /> <br />VII. NEXT MEETING AGENDA - August 14, 2007 <br />A. Fund Balance Policy <br /> <br />VIII. JOINT MEETING WITH PTRC, EDC AND PLANNING COMMISSION <br />- July 17, 2007 <br />Cummings Park Pavilion <br />6:00 p.m. Dinner - meeting to follow <br /> <br />IX. ADJOURN <br /> <br />Motioned: Jeff Johnson <br />Seconded: Maurice Gieske <br /> <br />~~ <br /> <br />~~~ <br /> <br />Scott Bronson, Chair <br /> <br />Susan K. Iverson, Finance Director <br /> <br />City of Arden Hills <br />