2021-03-17 EDA Packet - Laserfiche WebLink

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FINANCE Bond Refunding The city council reviewed bids, at their February 24 meeting, on a Bond Refunding. The results of the bids will enable the city to save $67,000 over the next 7 years in interest payments, reducing the debt levy. COVID-19 Relief Programs The city is closely monitoring the latest State and Federal relief packages to ensure we are positioned to utilize funds as they become available. Recently, the U.S. House of Representatives passed a $1.9 Trillion COVID Relief Package, which includes direct aid to cities. The current version of the bill, which will now go to the Senate, has an estimated $455,747 slated for Centerville. We continue to code our expenses related to the pandemic separately from normal costs to make documenting our impacts easy. PUBLIC WORKS/STREETS City Hall Renovation CITY HALL IS NOW OPEN! Rush Line Corridor The Rush Line Bus Rapid Transit (BRT) Project is a proposed 15mile transit route with stops between Union Depot in Lowertown Saint Paul and downtown White Bear Lake. The Rush Line BRT Project includes further exploration of connector bus service north to Forest Lake, along with other transit system improvements. See the handout in the packet for details on the needs for the project. A short video of the project is also available online: https://www.youtube.com/watch?v=99rZ1A00M1U STORMWATER/WETLAND LaMotte Park Stormwater Reuse System Expansion Work on the project is substantially complete, with a few odds and ends that may need to wait until the spring start-up of the system. Adopt a Storm Drain Program neighborhood, you can do so by signing up here: https://adopt-a-drain.org/ Fourteen people in Centerville have already signe storm drains)!