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03/13/1979 - City Council Special Q 061 MINUTES OF A SPECIAL MEETING OF THE EAGAN CITY COUNCIL EAGAN, MINNESOTA MARCH 13, 1979 A special meeting of the Eagan City Council was held on March 13, 1979, at 6:30 p.m. at the City Hall. Those present were: Mayor Murphy, Councilmembers Parranto, Egan, Smith and Wachter. Also present were: City Administrator Hedges and City Attorney Hauge. AGENDA Upon motion by Smith and seconded by Parranto, all members voting in favor, the agenda as presented was approved. FIRE HALL ARCHITECT SELECTION Councilmember Wachter reported on behalf of the Public Works Committee and suggested that the Council proceed with the process of selecting an architect for the fire hall. Mr. Hedges explained that several architects have contacted him and he suggested that estimates for the construction of the fire hall be acquired as soon as possible for purpose of distributing information to the public regarding the bond issue. Mr. Sven Borgersen will be completing the preliminary plans and specifications and the Council requested that Mr. Hedges contact several architects explaining the position of the Council relative to the hiring of an architect. Wachter moved and Parranto seconded the motion, all members voted yes, to authorize the City Administrator and the Public Works Committee to make preliminary contacts with several architects for report at the next Council meeting. TAX EXEMPT MORTGAGE FINANCING FOR SINGLE FAMILY HOMES Councilmember Parranto reviewed on behalf of the Finance Committee very briefly the progress to date regarding consider- ation by the Finance Committee of various alternatives for tax exempt mortgage financing for single family residences in the City. It was noted that a special Council meeting had been held with a panel of experts discussing the issue and the Council has also reviewed the matter on several other occasions. Parranto moved and Egan seconded the motion, with all members, voting in favor, that the Council continue to review the program of tax exempt mortgage financing for single family homes including exploration of the alternate concepts that have been submitted to the Council for its consideration. Councilmember Parranto then indicated that several meetings have been held by the Finance Committee with members of various fiscal consulting firms including Miller & Schroeder 0 06 Page Two March 13, 1979 Special Council Meeting and the recommendation of the Finance Committee is that the Council proceed with the plan presented by Miller and Schroeder providing for a non-profit corporation to acquire the funds from a tax exempt revenue bond issue. The reasons include the fact that it would be available for all persons whether for new single family residences, existing, rehabilitation or additions. It appears to be the most flexible plan and the Attorney General has been requested by the City of Waseca for a determination as to validity of the plan. In addition, it was noted that several bills have been submitted to the Minnesota Legislature including a bill that would prevent all municipalities to issue tax exempt mortgage financing for single family homes throughout the state. Parranto then moved and Smith seconded the motion, with all members voting yes, to adopt the recommendation of the Finance Committee that a non-profit corporation be organized to acquire the tax exempt mortgage bond funds from the City. Smith then moved and Parranto seconded the motion, with all members voting yea, to request Miller and Schroeder Municipals, Inc., to prepare a proposal in an amount not to exceed $30 million to be submitted to the City Council for approval including necessary resolutions for adoption by the Council with the understanding that further refinements will be made at a later time including guidelines for issuance of the mortgages. DONALD STRICKER - WESCOTT HILLS DRIVE Donald Stricker appeared and discussed with the Council a proposal by Northern States Power to change the configuration of the power lines running parallel to Wescott Hills Drive and south of Yankee Doodle Road and the problem of shifting the road to the east. He suggested that the City Council review the location of the new power poles with Northern States Power officials. The Council determined that a meeting will be scheduled with affected owners and Northern States Power Company at some time in the near future. FIRE HALL SOIL BORINGS Mr. Sven Borgersen was present and recommended that the Council authorize soil borings to be acquired for the new fire hall site on the Cooperative Power location. Smith moved and Wachter seconded the motion to instruct the Public Works Director to work in conjunction with Mr. Borgersen to acquire the necessary soil borings. All members voted in favor. 0 06:3 Page Three March 13, 1979 Special Council Meeting ADVISORY PARK COMMITTEE AND ADVISORY PLANNING COMMISSION PLAQUES Councilmember Parranto suggested that special plaques be prepared to be given to each retiring Park and Planning Commission member. Parranto moved and Wachter seconded the motion, all members voted yes, to authorize the preparation of such commemorative plaques. ADJOURNMENT Upon motion duly made and seconded, the meeting adjourned at 7:40 p.m. Dated: PHH Ci Clerk