HomeMy WebLinkAbout07.11.94 Work Session Minutes
MINUTES
COUNCIL MEETING
WORKSHOP
JULY 11, 1994
1. Mayor Kuchera called the meeting to order at 7:00 P.M..
Members Present: Kuchera, Ristow, Orr, Rotty.
Members Absent: Galler. (Arrived at 8:15 P.M.)
Also Present: Administrator Thompson, Finance Director Henneke.
2. The purpose of the meeting was to review the 1994-1998 CIP and
SEASS. Administrator Thompson reviewed the proposed project as noted
in the July 8, 1994 memo. Finance Director Henneke submitted a list
of 1994-1998 equipment purchases. Mr. Henneke reviewed the 1994-1998
CIP noting:
a. Debt Levy ratio goal of 25% will be exceeded from 1995-1997.
b. 5% annual growth.
c. 12.5% of operation expenses dedicated towards equipment purchases.
d. Tax rate remains fairly constant.
e. Referend~ required for satellite fire station, ball field complex,
and Public Works facilities.
f. Review of each fund, noting beginning and ending balance, actions
required by Council.
g. Storm sewer - special taxing district.
h. Sanitary sewer - one quarter surcharge.
Comments:
a. Staff recommendation to establish policies and adopt a CIP
and establish a Finance Committee. Place on next agenda.
b. Questions on timing of satellite fire station.
c. More aggressively pursue installation of Rambling River playground
equipment.
d. Possible Referendums.
e. Traffic signals.
3. MO~ION by Ratty, second by Orr to adjourn at 9:55 P.M.. APIF,
MOTION CARRIED.
;;Yi;.itte:,
Larry Thompson
City Administrator
Approved