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Regular City Council Meeting Monday, October 27, 2008 Page 11 27, 2008, at an estimated cost of approximately $5,000.00; and further directing that the property owner be billed for all actual and administrative costs; and if those charges remain unpaid, staff is to recover costs as specified in Minnesota Statute, Section 407.07B; with costs to be reported to the City Council following the abatement; amended to exclude the staff recommendation to assess charges over afive-year period at an interest rate to be determined by the Finance Direc- tor. Councilmember Ihlan spoke in support of the motion, as amended; however, opined that she supported providing relief and would support the motion as rec- ommended by staff for assessing the charges over afive-year period. Roll Call Ayes: Willmus; Roe; Ihlan; Pust; and Klausing. Nays: None. 13. Business Items -Presentations, Discussions a. Third Quarter Financial Report Finance Director Chris Miller presented the City's 2008 -third quarter Financial Report for the period ending September 30, 2008 (un-audited), with comparisons on an aggregate and selected funds basis. Mr. Miller opined that revenue and ex- penditures were trending as anticipated, while recognizing the volatility of energy and fuel costs. Mr. Miller further opined that he saw no particular areas of con- cern; however, he noted the recent downturn in global and national economies, and suggested pause to consider implications to the City of Roseville in the short and long-term. Discussion included expenditures above expected levels in the Community De- velopment Department Fund summary, primarily due to additional costs for two additional Comprehensive Plan Steering Committee meetings and timing of bills; adherence to the original contract entered into with HKGi; and property values impacting 2010, rather than 2009 budgets. Further discussion included tax base and property value shifts and off-sets, whether in residential or commercial properties. 14. City Manager Future Agenda Review 15. Councilmember-Initiated Items for Future Meetings a. Comprehensive Plan Deadline Administrative Extension Councilmember Ihlan, due to the time-sensitive nature of the Metropolitan Coun- cil's administrative extension deadline of November 1, 2008 sought discussion of this item on tonight's agenda.