HomeMy WebLinkAbout07-16-12CITY OF LAKEVILLE COUNCIL MEETING MINUTES
JULY 16, 2012
Mayor Bellows called the meeting to order at 7:00 p.m. The pledge of
allegiance to the flag was given.
Present: Mayor Mark Bellows
Council Member Matt Little
Council Member Colleen LaBeau
Council Member Laurie Rieb
Council Member Kerrin Swecker
Also Present: Roger Knutson, City Attorney
Tom Vonhof, Police Chief
Chris Petree, Public Works Director
Dennis Feller, Finance Director
Daryl Morey, Planning Director
John Hennen, Acting Parks & Recreation Director
Charlene Friedges, City Clerk
Citizens' Comments
Harley Horsager thanked Steve Michaud, on behalf of the Lakeville Friends of
the Environment, for his help over the years with their Pedal the Parks events.
Willie Storms, 17125 Franchise Way, stated his home and neighborhood
experienced significant tree damage as a result of the June 19th storm. He
commended and thanked the City's Public Works employees for their quick
response in clearing storm debris from the neighborhood boulevards.
Presentations /Introductions
Chief Vonhof presented a Chief's Award of Merit to Leah Mae Michschl for her
life saving actions in a near drowning incident involving a three year old child.
Chief Vonhof presented the June Police Department monthly report.
John Hennen presented the June Parks & Recreation Department monthly
report. Council members asked Mr. Hennen to provide an update on donations
received for the Heritage Center project.
CITY OF LAKEVILLE COUNCIL MEETING MINUTES
JULY 16, 2012
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Consent Agenda
At the request of Council Member LaBeau, the City Clerk provided a revision to
the July 2nd City Council meeting minutes. The revised minutes will include
Council Member LaBeau's question related to the Finance Committee's review
of the Comprehensive Annual Financial Report.
12.51 Motion was made by Labeau, seconded by Swecker to approve the
consent agenda items as follows:
a. Claims for payment.
b. Minutes of the July 2, 2012 City Council meeting, as amended.
c. Encroachment Agreement with Hosanna! Lutheran Church of Lakeville.
d. Encroachment Agreement with Darren G. Kermes and Lisa J. Backer.
e. Kingsley Shores Senior Living final plat extension and development
contract addendum.
f. Set a Council work session to be held on July 30, 2012.
g. Final acceptance of public utility improvements for Con Agra.
h. Final acceptance of public street improvements in MMR First Addition.
Roll call was taken on the motion. Ayes, unanimous.
Item 7 - General Obligation Improvement Bonds, Series 2012A
Item 8 - General Obligation Refunding Bonds, Series 20128
Brenda Krueger of Springsted Incorporated presented the bid results. Seven bids
were received for the General Obligation Improvement Bonds, and the winning
bid is Robert W. Baird & Company, Inc. with a true interest rate of 1.1 741%. Nine
bids were received for the General Obligation Refunding Bonds, and the
winning bid is Cronin & Company, Inc. with a true interest rate of 2.3843 %.
Ms. Krueger explained that the bidders offered a premium on the bonds. As a
result, there are additional funds available on the improvement bond issue for
street construction. The premium was applied toward the refunding bonds to
CITY OF LAKEVILLE COUNCIL MEETING MINUTES
JULY 16, 2012
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reduce the outstanding debt. Therefore, the refunding bond issue has
decreased from $23,635,000 to $22,450,000.
Mr. Feller stated that Moody's Investors Service has assigned an Aal rating to
the City of Lakeville for general obligation bonds.
12.52 Motion was made by Little, seconded by Swecker to approve Resolution
No. 12 -73 authorizing issuance, awarding sale, prescribing the form and
details and providing for the payment of $6,805,000 General Obligation
Improvement Bonds, Series 2012A; and approve Resolution No. 12 -74
authorizing issuance, awarding sale, prescribing the form and details and
providing for the payment of $22,450,000 General Obligation Refunding
Bonds, Series 2012B.
Roll call was taken on the motion. Ayes, unanimous.
Unfinished business None
New business None
Announcements: Next regular Council meeting, August 6, 2012
Council Work Sessions on July 23 and July 30, 2012
Mayor Bellows adjourned the meeting at 7:47 p.m.
Respectfully submitted,
Charlene Friedges, City Merk
Mark Bellows, Mayor