HomeMy WebLinkAbout4.b. Minutes of November 26, 1990 Special Council Meeting - ROSEMOIINT CITY PROCEEDINGS
SPECIAL MEETING
NOVEMBER 2 6, 19 9-0
Pursuant to due call and notice thereof a special meeting of the City
Council of the City of Rosemount was duly held on Monday, November 26,
1990, at 6: 30 p.m. in the Council Chambers at City Hall.
Mayor Napper called the meeting to order with all members present.
Mayor Napper led the group in the Pledge of Allegiance.
Mayor Napper announced the purpose of the meeting is to review and discuss
the proposed 1991 Budget.
Council Member Willcox handed out a memorandum to Council and the City
Administrator which addressed several issues concerning the 1990 Operating
Budget and Five Year CIP and the proposed 1991 Operating Budget and Five
Year CIP. Council Member Willcox reviewed each of the listed items
contained in the memorandum. See Clerk's File 1990-37.
City Administrator Stephan Jilk responded to the items contained in Council
Member Willcox' memorandum and presented a draft of the 1991 Operating
Budget dated NoveYnber 26, 1990, See Clerk's File 1990-37 .
Dan 0'Neill of Springsted, Inc. , the City's financial cansultant, presented
several options for the Council to consider as solutions to immediate
budgetary problems as well as methods of establishing a long range
financial plan. Mr. O'Nei11 's recommendations included drawing on bonds
that are paid up, issuing equipment certificates for various types of
equipment with a life expectancy of five years or more and using
unencumbered capital improvement fund reserves. Mr. 0'Neill further
recommended the City address a long term financial management plan for the
City and consider employing a debt management plan.
Administrator Stephan Jilk supported the fiscal consultant's comments and
requested direction from Council on the way in which staff and the fiscal
consultant should address the immediate problem of the current projected
shortfall for 1991.
Council commented on Mr. O'Neill 's recommendations and suggested methods of
meeting the projected shortfall. Council concurred staff should look at
the different options provided by the fiscal consultant and review the
proposed 1991 budget for possible cuts in the proposed budget. Cauncil
further eoncurred another budget work session should be held to review
recommendations from the City's fiscal consultant and staff prior to the
Public Hearing scheduled for December 11, 1990.
MOTION by Napper to set a special Council Meeting for Thursday, December 6,
1990, at 6:30 p.m. , in the Council Chambers, for the purpose of reviewing
the proposed 1991 budget. SECOND by Willcox. Ayes: Willcox, Wippermann,
Napper, Oxborough, Klassen. Nays: 0.
� R03EMOUNT CITY PROCEEDING3
SPECIAL MEETING
NOVEMBER 26� 1990
City Administrator Stephan Jilk advised the appellate judge ruled in the
City�s favor on the first case appealed on the assessments for Hawkins Pond
storm sewer improvements, City Project 176.
MOTION by Napper to adjourn. SECOND by Willcox. Ayes: 5. Nays: 0.
Respectfully submitted,
Susan M. Johnson, City Clerk
ATTEST:
Stephan Jilk, City Administrator
Published this day of , 1990 in Dakota County Tribune.
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