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02-05-2001 CC MINMEETING OF THE ELK RIVER CITY COUNCIL HELD AT THE ELK RIVER CITY HALL MONDAY, FEBRUARY 5, 2001 Members Present: Members Absent: Staff Present: Mayor Klinzing, Councilmembers Dietz, Kuester, Motin, and Tveite None City Administrator Pat Klaers, City Clerk Sandra Peine, Finance Director Lori Johnson Call Meetinq To Order Pursuant to due call and notice thereof, the meeting of the Elk River City Council was called to order at 7:20 p.m. by Mayor Klinzing. Consider 2/5/2001 Council Agenda THE AGENDA WAS APPROVED BY CONSENSUS AS PRESENTED. Discussion on Financial Mana.qement Plan City Administrator Pat Klaers introduced Rusty Fifield from Ehlers and Associates. He noted that Rusty would be discussing the development of a financial management plan for the City. Rusty Fifield explained that this meeting was a workshop to allow him to begin talking about the process of developing a financial management plan for the City (See attachment). He reviewed the steps the Council would take to complete the Key Financial Strategies plan. Following Rusty's pr_esentation the Council decided to begin the process on March 26 with follow-up meetings on April 23 and May 7. Prior to this meeting, Rusty had requested the Council to come prepared to identify aspects of government financing that the Council wants to be more aware of and issues that the Council would like addressed in the planning process. The Council identified the following issues: · Mayor Klinzin.q - How to plan for providing services with the potential future shortfall in revenue due to decline in growth · Investments, in general, and what is the return on investments compared to other government entities · Arbitrage regulations City Council Minutes Page 2 February 5, 2001 · Councilmember Motin - Grant possibilities and other intergovernmental money · Enterprise funds/current and future · Condemnation rules and guidelines · Councilmember Dietz- Possible ways to finance a community center · Councilmember Tveite - Options and contingencies with various growth models · Operating plans/cost efficiencies for providing services COUNClLMEMBER DIE1-Z MOVED TO APPROVE FUNDING IN THE AMOUNT OF $13,500 FROM COUNCIL CONTINGENCY FOR WORK WITH EHLERS AND ASSOCIATES ON THE CITY'S KEY FINANCIAL STRATEGIES PLAN. COUNCILMEMBER TVEITE SECONDED THE MOTION. THE MOTION CARRIED 5-0. 4. Adjournment There being no further business, Mayor Klinzing adjourned the meeting of the Elk River City Council at 8:34 p.m. Sandra Peine City Clerk SPECIAL MEETING OF THE ELK RIVER CITY COUNCIL HELD AT THE ELK RIVER CITY HALL MONDAY, FEBRUARY 5, 2001 Members Present: Members Absent: Staff Present: Mayor Klinzing, Councilmembers Dietz, Kuester, Motin, and Tveite None City Administrator Pat Klaers, City Clerk Sandra Peine, 1. Call Meetin.q To Order Pursuant to due call and notice thereof, the meeting of the Elk River City Council was called to order at 8:39 p.m. by Mayor Klinzing. 2. Consider 2/5/2001 A.qenda THE AGENDA WAS APPROVED AS PRESENTED. Mayor Klinzing noted that this special meeting was called by Councilmembers Tveite and Kuester to discuss reconsideration of the Hillside 8th Addition Plat. Councilmember Tveite stated that the developer will be making some minor modifications to the Hillside 8~h Plat. He informed the council that he would be making a motion to reconsider the motion that denied the plat. He noted that he wanted to do this at a meeting where the public has been invited to attend. Councilmember Motin stated his concern that the Planning Commission has a chance to review the amendments prior to the Council acting on the motion to reconsider. Councilmember Tveite concurred with Councilmember Motin. It was the consensus of the Council to request the developer to allow the Planning Commission to review the proposed amendments to the plat. Councilmember Tveite stated that on March 12 he will make a motion to reconsider the motion that denied the plat and that the public is invited to attend. 3. Adjournment There being no further business, Mayor Klinzing adjourned the meeting of the Elk River City Council at 9:00 p.m. ._,~L,~, ~'~,~,~'~,~-/ ,~:L',.~"' ~' /.~, Sandra Peine City Clerk