HomeMy WebLinkAbout1994 [04] Apr 28
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¡:':'Ut"'su,'i\nt to clue ci:;d,l i:ì.rsd notice t h eì"'e 0 f ') ·ct...,€:, City Counc:¡,1 'i"oY" I
t: ¡"¡ (:: Lit V of; strt .J 0 S IE: ph met; in ~¡pecial session on Thu1"sd¿;'\y~
H¡:n-' i ], i:::f1'j 1 ;.;:);~ it ....t.. 3 ~ Qi!i) p. m. in the City Hi,,\ 11 "
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i'iI::,iYiBE::. HS PHf.::SEI\IT ~ 1~1i::\ y 01"" Donald Bud I~e beì"':¡ Counci 1 F~o s s- Ri el'ie~
Bob Loso,! Ken t"'1 i em e'n 2 ~ Stephanic"! Hazen; Clerk/Administrator
lii'i.che 1 Stè:lpleton.
UfHFRS PF<f':'SENT: Dave Hi'nnenkam¡::t, Judy lþJe yì'..'f:)n s.
The pl.lt"pO s e of' the rlH.'!et i nq \^Jas to t"'(~ce i 'Ie and t~evic"!w the
al_\d it "("e POt..,t "f' Ot", 19':1;:::; '!'" t~ o'm í=-1ucl i tot..· Dët.ve Hinnenl-:amp.
'fli:.'yot" He bet~ ca 11 ed the me(~t i nq to cn"d e'r~ and t 1.\1'"' n l'! c:I it o v et~ to
Dave Hinnenké.'lIIp to ¡::n~esent the 'r"e pOt"t. He stëïtec:l that he v,ti::\S
ple£-\sed to 1""'epot"t that the City of SL J' 0 S e ph ¿;q;:¡a i n t"ece i v ed
i::\n IJnquè;¡lified opinion"
Dave 1'-'e pewt ed thi::\t the City has heë.d thy t"'e s et-'v eel fund
b¿\lëïnCes, an(j 'r"ev i ewed the t~evenues ë\nd e x pend it 1.\1'"'1:: S with the
Council. He s, t ë':d; e c:1 that the City may considet·, paying o'¡::f the
lease on tht'! backhoe if it \I,.¡ishes. He then discussed the
Debt bet"v ice Funds ¿:¡nd stated that the 1986 Bond fund has
enou!~h Y'eSeì'~ves to fund the fut u'('e payments,. The Counci 1 111 i£1 'I
wis,h to con sid et-' ' "'e~; et·,v in 9 the exce!:',s in this fund a~:, i:::¡ back
up fo' '-' ot I-I eì'..' debt ~;.er...vice funds ~\ ith less Sl..lt·'plus. I
Un t-'ev i e\-"ti ng the f.~ nt e'r~pì'" i ~¡ e 'funds~ Dè.'ve sti£d;ed that in his
opinIon the ~·'¡i;:¡t eì'~ and s e \-'H? 'r~ 'r~at e s should covp.'(' the costs o'¡-
opet"'è:,"d; ion. The City needs to sepat~ate out the sUì'~chat~qe s
'¡-ì'~om the ItJé.' t e t~ and s elt.¡et~ set"'vice t"evenue in o' ,"de¡-" to
det e'r"1ì1 i ne if th(~ 'r~Elt e r.¡ C'over~ the C'o~>t: s" Hazen I"'f:~q ue s t f?cI that
the Counci 1 1001-< at Nat e'r-' and Sf?l¡\ et·' t"¿lt es and expen!~es in
July to detet~¡¡¡ine if the 1'~at e s a¡-~e aclequ£·d; e O'r~ if i::"In
¿;\dj ust ment j <= needed.
Lonq te'('fii ciebt of the Llty~ along with bonds pë:'\yabl e ë':-\nd t h 0:'
cè:ìpital 1 eas(':) obI i[.:¡at ion, includes employee compensated
ab~¡ences payable~ ~,\!h i cl'''( is accumulated vacation ¿\nd sick
1e,'::'Ive.
(,:,)1 so a compliance ¿Iud it \."JB.S done on the City a!;~ n~)q 1..1 i t~ed by
' ''''ec(~ i I:;,¡t of fed e 'I" i,Ü i::want funds" 'The c1..\r-'t"ent year~ findinq i:.'nd
p'r" i 0 t·, Y fi! i::l'r""' finds It.¡ e 'r~ e Non e"
fhe manal:,lement letter recommended è.' det,::¡j,J.ed inve~,>tment
schedule pe'r~ investment. Dè:ìVe di!:',cussed thE) vaì·..,i ous types of
investments. 1'-\;:12 en r"'equested that the Counci 1 vi eltJ thf?
investme~nt schedulf:1 c: !.\ è."n~ t e 1" 1 y if possible"
¡"h~itten aql'-'p' e m ent s fO'r'" loans t-'ece i 'lab 1 (~ \ÞJ t-~ t~ e i-"eco mm end ed. I
L;ounci 1 I: enet~all y a [J.t~ e e d that the City It'¡ i ], I seel-< ~·'¡'r~ i t ten
a[:weements"
PE\~l E' ;::~~;.1.(~1·8
í:ipy', i 1 ".::rC1 1. 99<'J
1_\"'J?
Upet-'at in!J tt"'ans.fe¡-"'s we¡-~e '("ecommencled to be ct.., a '(" EI e cI to tl"le
'r"'€~ V en ue t:~nd e x p (2 n d :i. t !.n~ e E\CCOu.nt s t~at h et·, t h¿;\n fund I:J¿\ 1 ¿;~nce s,.
Dave \·..'eco IÏI!TI end ed that pay¡'~oll 'r"'epO'r~t S bt? filt?d on a timely
bi:\S i s in o'r~det'" to avoid penalties..
rl-I e City should lev'! according to the t,::iH levy seh edu 1 (~ for~
debt set" v i c.: e fund s.
Davc-f also 'r~ecommended that the city adopt ,;¡ fO'r~mal Civil
Ril;¡hts 1'::'01 i ....~'y.
Counc'i 1. t~ec.:o!TIm end eel that the City f=.t¿\ff cClnt i n!.\e to discuss
\l-Ji th ú¿:,¡ve, pt"'oblems t:~nd concet-"n s ~ as they ëu~ise dU'r"'iï'ig the
yeat..'.
Hiemenz made a motion to ¿\c:cept the 1\j93 ¿\ ud i t ¡-~e pO'r"t ë:\ ~:;
¡:))"e sent ed ; seconded by L.o so.
ç·}yes ~ He bet", Hi ek€', Loso, Hazen, Hi emenz.
Nayes~ NQne. IY!ot ion ca'r~t" i ed.
Hiemenz stated that hE- \.-'J ill not be able to attend the IVlay -,
.
~¡
se¡¡¡ina'r~~ sponso'r~ed by Minnesota Department of ,Jobs and
Tt-, a i n in t:¡ on Pe'r~s onn e I Issues. Losa stat ed that he intends to
,:;¡t tend it.
Loso stated th¿:\t the heiglït of the fence f a'r~ Cent enn i a 1 Pë':'\'r-,k
has been chanqed to five feet~ and y'Ji 11 be instò.Üled in th(~
middle o'f IVI a 'I . lhe bidj;¡ fot~ the bl eache)'-'s 'rJh i ch t 1'''1 E.' City bid
on~ will open ti\ a y 17t h" Loso stated that he will meet ::,oon
vJi th Rieke to dis.cus,s thE' ~ o 1 i c:'e Chief~s cont'r~act and then
they 1/.,tÌ 11 pt"e:2,ent the info),..'mat ion to the COIJnci I..
Lnso made a motion to adj ou¡--'n ¿:\t Lf-:: 35 p. m. ; seconded by
Rieke.
Ayes~ Rebe'r-', Rieke, Loso, Hazen, Hiemenz.
Nayes~ None. ¡Vlot ion cat-''r''ied.
[-<acheJ. St a¡:.Jl e' on
Clerk/Administrator