HomeMy WebLinkAbout09-23-2024 MINUTES
CITY COUNCIL WORK SESSION
September 23,2024-6:10 PM
Lakeville City Hall,Marion Conference Room
1. Call to order,moment of silence and flag pledge
Mayor Hellier called the meeting to order at 6:10 p.m.
Members Present: Mayor Hellier, Council Members Bermel, Lee, Volk, Wolter
Staff Present: Allyn Kuennen, Assistant City Administrator; Julie Stahl, Finance Director;
Tina Goodroad, Community Development Director
2. Citizen Comments
No public comment.
3. Discussion Items
a. Economic Development Strategic Plan
Community Development Director,Tina Goodroad presented the final draft of the
Economic Development Strategic Plan. The strategic plan identifies specific goals,
strategies and actions which build upon unique strengths and distinct chazacteristics of
the city. Each of the goals focus on one or more priorities of the EDC which factor into
the economic health and enhanced vitality of the city. The strategic plan's purpose is to
articulate a set of ineasurable strategic actions that facilitate development within the city
and provide guidance to staff on where to spend their time and city resources. The
council discussed the report and asked staffto better prioritize the goals, revise the
wording to provide flexibility in implanting the action items and to review the strategic
plan with the Finance Committee as needed.
b. Long-Term Financial Management Plan Update
Finance Director Julie Stahl and Tammy Omdal, Public Finance Manager of Northland
Strategies provided a summary of Northland's work with the city to assist with an
update to the city's Long-Term Financial Management Plan(LTP) for the city's General
Fund, Debt Service Funds, and Capital Projects Funds.
The LTP provides an on-going guide for management of the funds. The LTP is not the
city budget; the annual budget is where decisions are made. The LTP is based on certain
assumptions that reflect a"snapshoY' in time. Actual annual financial results for the City
will impact future updates to the LTP. The LTP is intended to provide a guide for
responding to changes in the economy, community, and events that will impact city
services including capital improvement plans.
Ciry Council Work Session Minutes
September 23, 2024
Page 2
The council discussed the model with some questioning the inclusion of the utility
franchise fees as the ordinance to implement the collection of the fees has not yet been
adopted by the City Council.
4. Items for Future Discussion
Council requested a report from Communications regarding the reception and readership of
the city's quarterly newsletter.
5. Committee/City Administrator Updates
Council Member Bermel provided an update on the latest Airlake Airport Commission
meeting.
Council Member Volk provided an update on the latest Arenas Board meeting.
Mayor Hellier prided an update on the latest Dakota County Mayors/Managers meeting and
the Regional Council of Mayors meeting.
6. Adjourn
Meeting adjourned at 8:09 p.m.
Respectfully Submitted,
�
lyn ennen, Assistant City Administrator L e M. Heller, Mayor