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2015-11-02 City Council Minutes WorkshopNlbertvillc Smbl1 lawn Wag. 8Ig C #V Ufa. CITY COUNCIL WORKSHOP CITY HALL - COUNCIL CHAMBERS Monday, November 2, 2015 APPROVED MINUTES 1. Call to Order Mayor Hendrickson called the meeting to order at 8:18 p.m. Present: Mayor Hendrickson and Council members Hudson, Olson, Sorensen, and Vetsch Absent: None Others Present: City Administrator -PWD Adam Nafstad, Finance Director Tina Lannes, City Attorney Mike Couri, Fire Chief Eric Bullen, City Clerk Kimberly Olson, and Roger Lucy 2. 2016 Budget Discussion Lannes reported the preliminary budget was set at 4.98% at the September 6, 2015 City Council meeting. Staff had come in with 3.55% and Council had added approximately $50,000 in capital. Sorensen inquired when the notices to taxpayers will be sent out prior to the truth -in- taxation hearing. Lannes replied it is usually done by Wright County about mid - November. Council discussed the general fund reserve and what to do with those funds. Lannes reported that no decisions are needed tonight it just needs to be designated as capital reserve if that's what Council wishes to use it for. Vetsch stated that perhaps the Lions could assist with the cost of a City entrance sign. Hendrickson does not want to see general fund reserves spent on the sign. Vetsch inquired about an increase in health insurance premiums for 2016. Lannes replied that since the City is in a cooperative agreement, it will not have a large impact on the budget. Hudson stated that even though they set the preliminary budget at 4.98 %, he would like to see it brought back down. Lannes replied that to do so would be to remove the increased capital the Council previously added. Sorensen would like to keep the levy under 4 %. Lannes responded that she will remove approximately $35,000 budgeted for economic development and lobbying and bring back the final levy at 3.98 %. Lannes reminded Council that taxpayers will see the 4.98% on their truth -in- taxation statements as that was what was set for the preliminary budget. 3. Arena Second Sheet Funding Discussion Nafstad reported that the School District was meeting to determine whether or not it would be a funding partner and, if so, how they would prefer to finance their share. Nafstad stated that the School District would like to know what each City is willing to levy for the second sheet of ice. Page 1 Nafstad also stated it would be good for Albertville to determine the amount it is willing to fund to assist St. Michael with their discussion next week. Nafstad questioned the Council if they would be willing to fund a third of an $8 million project if the School and St. Michael were willing to. Nafstad and Lannes reviewed the financial scenarios prepared by Northland. Lannes stated it would be a one -time increase of approximately 5.1 %. She indicated to Council that would not include inflation or what it would take to maintain the budget. Hudson questioned if it would then be close to a double digit levy increase for that one year and Lannes clarified that it could be. Sorensen inquired about the $1 million the STMA Youth Hockey Association has pledged and how it would be utilized. Nafstad replied that it could be used to pay the initial years of debt service or simply to reduce the amount of the bond. Nafstad said he was not sure when the money from Youth Hockey would be received or if it would be one or multiple payments. Hudson stated that he is resistant to levying that much and would need to hear input from the community. Sorensen stated that he would be interested in pursuing discussion only if the School Board is a partner. Sorensen also noted that the $8 million scenario does not account for the $1 million from Youth Hockey. Nafstad explained that the School financing options include the tax abatement bond option together with the cities or by voter approved referendum. He said with the referendum option the School would likely need to take ownership of the second sheet, but thought the three entities could make this work. Olson stated that he does not see the second sheet as a benefit to the whole community and it is not an essential service. He felt the timeline is too fast. Sorensen stated that commercial properties pay the most in taxes and inquired how the second sheet is a benefit to them. Hendrickson and Vetsch felt it is important to move forward. Sorensen and Olson stated they are willing to continue the conversation and are not at a yes or no right now. Hudson stated he needs convincing in order to levy that amount. Lannes inquired if the Council would like to keep the 4.98% levy and use the extra $35,000 as arena capital. She stated that would take down the increase in the one -time levy amount from 5.1 % to 4.1 % if they did so. Council directed staff to keep the levy below 4% this year and keep it at the 3.98% 4. Adjournment Motioned by Hendrickson, seconded by Olson, to adjourn the meeting at 9:21 p.m. Ayes: Hendrickson, Olson, Sorensen, and Vetsch. Nays: None. Absent. Hudson. MOTION DECLARED CARRIED. Respectfully submitted, Kimberly . Olson, City Clerk City Council Meeting Minutes Page 2 Workshop Meeting of November 2, 2015