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HomeMy WebLinkAboutCity Council Minutes 06-26-2007 SpecialAdopted Minutes Special Council Meeting June 26, 2007 Mayor Slavik called a special meeting of the Plymouth City Council to order at 6:00 p.m. in the Medicine Lake Room of City Hall, 3400 Plymouth Boulevard, on June 26, 2007. COUNCIL PRESENT: Mayor Slavik, Councilmembers Willis, Murdock, Hewitt, Stein, and Bildsoe. ABSENT: Councilmember Black. STAFF PRFSFNT: City Manager Ahrens, Pub1_ic Works Director Cote, Budget Analyst Vang, Park and Recreation Director Blank, Administrative Services Intern Matheson, and City Clerk Engdahl. Special Assessment Policy City Manager Ahrens provided an overview of staff's report regarding options for special assessment interest rates and terms of special assessments. Regarding the special assessment interest rates, the majority of the Council tended to favor the special assessment bond (G.O.), five year plus 1.5% administration rate. This would exceed the City's average rate of return, provide a cushion for delinquent assessments, provide the same basis year after year, and have less fluctuation than other options. The suggestion was made to tie this to the proposed length of the assessment term. Staff would provide further details on this option when the Special Assessment Policy is discussed this fall. Staff is to provide a report on the percentage of special assessments that are paid off right away as well as during the term of the assessment due to the sale of properties. A discussion was held on the terms of special assessments. The general consensus was that the terms should be the same for all assessments, other.than the one year tree, weed, street lighting, and utility charges. This allows residents more flexibility in planning and budgeting for special assessments. It was suggested that the City's financial consultants, Springsted, meet with the Council this fall, when the Council reviews the entire Special Assessment Policy, to discuss longer term limits. Set Future Study Sessions The Council scheduled the following Study Sessions: Adopted Council Minutes Regular Meeting of June 26, 2007 Page 2 of 2 1. July 10 at 5:30 p.m. (update on proposed capital projects, preview future Highway 55 preferred layout, and preliminary discussion with marketing consultant on City Center). 2. September 25 at 5:00 p.m. (discuss Special Assessment Policy, including but not limited to how assessments are being applied, special assessment interest rates, terms of special assessments, possible tiered system on major roadways, overview on how other communities address various issues) Councilmember Hewitt discussed residents' concerns on the number of dogs that are allowed on a property, and those residents that exceed that amount. Rather than scheduling a Study Session, the Council requested that staff provide a report on the City's current ordinance regarding licensing of dogs, kennel operations, etc. Adiournment Mayor Slavik adjourned the meeting at 6:58 p. IL f/ Sandra R. Engdahl, 64ty Clerk