HomeMy WebLinkAbout11-07-2012 Minutes MINUTES
• EN HILLS
FINANCIAL PLANNING&ANALYSIS COMMITTEE
Tuesday,November 07,2012
6:00 P.M.
Council Chambers,Arden Hills City Hall
CALL MEETING TO ORDER AND ROLL CALL
The meeting was called to order by Jim Ostlund at 6:00 pm.
MEMBERS PRESENT:Jim Ostlund;Arlene Mitchell;David Radziej;John Braun;David Grant,Council Liaison
MEMBERS NOT PRESENT:Katy Peters
OTHERS PRESENT:Kyle Howard
Call to Order
1. APPROVAL OF THE AGENDA
Motioned:David Radziej
Seconded:John Braun
2. APPROVAL OF September 11,2012,MINUTES
Motioned:David Radziej
Seconded:John Braun
3. UNFINISHED AND NEW BUSINESS
•
A. Continue Discussion of Utility Rate Study
Kyle Howard presented to FPAC how the current rate structure is set up and the historical data from
the past 3 years.FPAC then proceeded to discuss possible changes and how the rate structure could be
changed to better promote conservation.It was asked that staff provide 3 new tiers for FPAC to review
at the next meeting.These tiers were as follows;0-10,000 10,001-20,000 20,001-infinity;0-5,000
5,001-35,000 35,001-infinity;0-5,000 5,001-30,000 30,001-infinity.These tiers were formed by
looking at the historical data over the past 3 years(2009-2011),and looking for the natural peaks and
valleys in the data.
Kyle Howard then presented to FPAC how the current cash flow model was projecting cash flow for
the Utility Funds. The model showed that with the current system Water and Sewer are on track with
the 2008 rate study projections.FPAC was then presented the Capital Projects for the next 15 years,
which are currently being work on by the Council.These projects were further discussed and reviewed
on how they affected the cash flow of the Utility Funds directly.
4. REPORTS
A. Reports from the City Council
Mayor Grant explained the developments to the TCAAP property and how the County is stepping up
to take the leading role in the purchase of the land.He also stated that the Council has had a meeting
to discuss the development but they are still working on the details.Then he talked about the former
Holiday Inn property and how the possible development of that property will have 1,2 and 3 bedroom
apartments.Council also has approved a micro brewery to be located down by Red Fox road.
• City of Arden Hills
1245 West Highway 96•Arden Hills Minnesota 55112
Phone 651.792.7800•Fax 651.634.5137
www.ci.arden-hills.mn.us
MINUTES
EN HILLS
5. ADJOURNMENT
Motioned:Jim Ostlund at 7:30 pm.
Seconded:Arlene Mitchell
Jim Ostlund,Chair Susan K.Iverson,Finance Director
411 City of Arden Hills
1245 West Highway 96•Arden Hills Minnesota 55112
Phone 651.792.7800•Fax 651.634.5137
www.ci.arden-hills.mn.us