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Upon motion made by Councilmember ArC1g�Swoinley, seconded by. Councilmember Bosak, the date of June 16, 2015, was :set for the. iinproverhent*hearing Resolution 201.5-08 and approved the final water'feasibility report.. Motion. passed, Approval of Private Activity Revenue Bond Funding A. motion. was made by Councilmember Artig-Swijmley,. seconded by Councilmember Bosak to. approve the policy for the Private Activity Revennue Bond --Funding. Motion passed. A motion was made by Councilmember Lindner, seconded by Councilmember Artig-Swomley to approve a public hearing for June 16, 2015, for the issuance of the band for.Presbyterian Hordes. Motion passed. Refinancing of the City Bond Resolution 2015-.07 Nick Anhut from Ehlers and Associates;-Ihe. updated *the couricil on refinancing of the city bond.. A motion was made.. byCouncilmember Lindner,:seconded.by Councilmember Artig- SWdmley to accept Refinancing of the City Bond Resolution 2015-07, iriotioripassed. Claims for May, 2015 A motion Atlas made by Councilmember Artig-Swomley, seconded by Councilmember Bosak to accept the claims for May, 2015. Motion passed. Monthly Financials Toni Kelly, City Treasurer updatedthe council -on the financials, including.a nuarteily financial statement which he will be continue to do in the future. A brief discussion ensued about charitable gambling proceeds processing; Council agreed to disburse $3,000 to the Willow Lane - School literacy. fund. Presentations from the Public Chad Lemmons, City Attorney,. stated th&Pete:Sampair; Sampair Appraisals, who was solicited to do, appraisals on business districtproperties disclosed that he did. prepare ark appraisal for the Birkeland properties. Mr. Sampair inquired ifthe council considered- the' action as a conflict of interested. Councihnembers. agreed that it wasn't a.conflict ot interest. City of Gem Lake City Council meeting minutes, May 1.9,. 2015 Page 2