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<br />City of CenterviHe <br />October 27, 2004 <br />Council Meeting Minutes <br /> <br />Motion bv Council Member Lee. seconded bv Council Member Paar to approve the <br />EDC request of $1.000 for the cou!!:ar cash pro!!:ram. Aves- 4. Navs - l(Broussard <br />Vickers). Motion carried. <br /> <br />VI. PUBLIC HEARINGS <br /> <br />1. Hunters Crossing: 2nd Addition. Phase I Proposed Assessments for Municipal <br />Utilities and Street Improvements - Resolution #04-048 - Adoption of <br />Assessments Associated with the Hunter's Crossing 2nd Addition. Phase 1 <br />Subdivision <br /> <br />Mayor Sweeney opened the public hearing at 6:45 p.m. <br /> <br />Mr. Carlson asked Council to set the interest rate and the term for the assessment. He <br />then asked that the escrow deposited for plans and specifications be returned to him. <br /> <br />Motion bv Council Member Capra. seconded bv Council Member Paar to close the <br />public heann!!:. All in favor. Motion earned unanimouslv. <br /> <br />City Attorney Hoeft noted for the record that the City received a letter of objection with <br />regard to the assessments for Outlot B. <br /> <br />Mayor Sweeney closed the public hearing at 6:47 p.m. <br /> <br />Council discussed the interest rate and term and agreed to set them at 6% for 10 years. <br /> <br />Motion bv Council Member Broussard Vickers. seconded bv Council Member Lee <br />to approve Resolution #04-048. the Adoption of Assessments Associated with the <br />Hunter's Crossin!!: 2nd Addition. Phase I Subdivision as amended to reflect 6% for <br />10 vears. All in favor. Motion carried unanimouslv. <br /> <br />Motion bv Council Member Broussard Vickers. seconded bv Council Member <br />Capra to approve the refund of escrowed funds in the amount of $12.500. All in <br />favor. Motion carried unanimouslv. <br /> <br />VII. NEW BUSINESS <br /> <br />1. League of Minnesota Cities Rate Study (Lel!a1 and Enl!ineering Fees) <br /> <br />City Attorney Hoeft recommended that the City solicit further information from the <br />League on legal and engineering fees spent by other cities. <br /> <br />Page 5 of JO <br />