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2007-08-13 CC Minutes Workshop ~ AJl?.~!'!iJL€ ALBERTVILLE CITY COUNCIL MEETING AUGUST 13, 2007 MINUTES Albertville City Hall 7:00 PM PRESENT FROM ALBERTVILLE: Mayor Ron Klecker, Council Members LeRoy Berning, Tom Fay; City Administrator Larry Kruse, Finance Director Lannes and John Middendorf. ABSENT: John Vetsch and Dan Wagner Mayor Klecker announced that the purpose of the meeting is to discuss the preliminary budget and that at 8:30 p.m. the Council would go into closed session to discuss Prairie Run Litigation. Following the closed session, the Council will reconvene and continue discussing the preliminary budget. Fire Chief Tate Mills, Albert Barthel and Bob Marquette joined the meeting. FIRE BUDGET: The Fire Relief Association has requested a $200 to $250 per year increase in their pension. The City currently has $50 per year programmed in the 2008 budget. Currently the 2007 Albertville Fire Relief pension is $1,600 per year of service and is 115% funded. After discussing the financial status of the fund, the City Council agreed to fund an additional $100 per year of service in 2008. In 2008, the actual preliminary budget will reflect the same as 2007 in the amount of $98,000. This increase in pension without additional City funding will reduce the pension fund balance from 115% to an estimated 90% -100% pending 2007 investment results. In the General Fund, staff is directed to set up a City Fire Pension Reserve account to help fund future increases or if the fund goes below the minimum 80% required by law in the amount of $16,500 for the 2008 budget. This action will allow the City some flexibility in how much needs to be levied annually. PRAIRIE RUN LITIGATION - CLOSED MEETING City Attorney Couri, League of Minnesota Cities Attorneys Paul Ruevers and Jason J. Kuboushek ofIverson Reuvers and City Engineer Adam Nafstadjoined the meeting. M:\Public Data\City Council\Council Minutes\2007 Minutes\M 08-13-07 Budget P-Run.doc City of Albertville City Council Minutes August 13, 2007 Page 2 of2 MOTION BY Councilmember Berning, seconded by Councilmember Fay to temporarily close the Council meeting for a closed session with Albertville's legal council regarding Prairie Run Development litigation. Motion carried unanimously. MOTION BY Councilmember Berning, seconded by Councilmember Fay to reconvene the Council meeting. MOTION BY Councilmember Berning, seconded by Councilmember Fay to direct staffto issue building permits and certificates of occupancy consistent with Judge Halsey's August 7, 2007 Findings of Fact, Conclusion of Law, Order, and Memorandum effective immediately. Motion carried unanimously. COUNCIL MEETING RECONVIENED AT 9:30 p.m. GENERAL FUND: The Council and staff reviewed the preliminary budget making an estimated $80,000 in additional cuts and planning for a modest inflationary increase in the 2008 budget. Staff is directed to revise the budget and bring it back for approval at the next meeting. , FAMILY YOUTH COMMUNITY CONNECTION (FYCC): The Council requested staff seek additional financial and program information from FYCC in preparation for the 2008 budget. CAPITAL IMPROVEMENT PLAN (CIP): Staff reviewed the CIP stating they would be reviewing it once more and bringing it back to a future meeting for approval. ADJOURNMENT MOTION BY Councilmember Berning, seconded by Councilmember Fay to adjourn the meeting. Motion carried unanimously. Meeting adjourned at 10:30 p.m. Q~ -k'~ Ron Klecker, Mayor M:\Public Data\City Council\Council Minutes\2007 Minutes\M 08-13-07 Budget P-Run.doc