Laserfiche WebLink
<br />City ofCenrerviJlc <br />Council MCcling Minutes <br />Scrrel11ber26,2007 <br /> <br />Motion bv Council Membe,' Lakso, seconded bv Council Member Lee, to approve <br />Resolution #07-035, a Resolution Authorizin2 the Issuauce, Estahlishin2 the Terms <br />Providiu2 for the Sale of $2,600,000 General Obli2ation Improvement Bonds of <br />2007A, All in favor. Motion carried unanimousll'. <br /> <br />1. Proposed Tax Increment Financing nF Plan-fur Kendall HO'kard <br /> <br />a. Resolution il07-0X,X Adoptin~ the TiP Plan H)r the-Grcation ofTIF District 1-7 <br /> <br />Mayor Capra directed staff to draft letter to the property owner addressing the fact that the <br />issues with the Ricc Creek Watershed District should have been resolved prior to selling <br />the property. <br /> <br />5. Sedona Homes RequestlbrReduction in Letter ofGredit <br /> <br />City Administrator Larson explained that Sedona Homes requests a reduction of the <br />security amount for the Public/Private Improvements completed. <br /> <br />City Engineer Statz reported that there is about $25,000 left for londscaping and paving <br /> <br />Motion bv Council Member Bronssard. seconded bl' Council Member Paar. to <br />appl'Ove Sedona IJomes Request for Reduction in Letter of Credit to $56. 320 based <br />on the recommendation of the Citl'En2ineer. All in favor. Motion carried <br />unanimouslv. <br /> <br />6 PutJIic Information Meeting <br /> <br />Mayor Capra reported that this is in relation to the notice thot at the City Engineer would <br />make a presentation at 4:30 p.m. and a repeat prescntation at 7:00 p.m (and extended to <br />SOO pm. jf required) on October 4, 2007 on the 2009 street project <br /> <br />City Administrator Larson stated that he spoke to North Mctro about taping the <br />presentation and making it available to rcsidents <br /> <br />LX. ANNOUNCEMENTS/UPDATES <br /> <br />1. City Administrator Larson <br /> <br />City Administrator Larson called attention to the trees that have been cut down near City <br />Hall. He statcd that this is in preparation of the pond construction behind City Hall. <br /> <br />Mayor Capra stated that a resident reported the contractor cutting trees was very courteolls. <br /> <br />2. f35 W IE lJpJlale <br /> <br />Page 6 of? <br /> <br />1 <br />