04/28/1965 - City Council Special
I-IIN1JT:ES
Inforiiisl I;leeting, April 28, 1965
'1'he Board of Supervisors of Eagan Township met informally at. the
'1'o\'rn Hall on April 28, 1965 at 10:30 A.I.T. to consider- Fur-chase details
of the Ceda:!:' Grove Utilities Co. All members were present except
Supervisor :3ch1rranz. together with Attor-ney.::talland 8,nd Engineer .Joe
Ander1ik and our Fiscal Conf:ul tant, Jim Olson. Nr. Enlil .Je.ndric
8,nd :.\'.'T. .]E:l..cl:~ I)ile11t11eis toeetl1ey- vIi th tl:eir ~~ttorney \'lere also preserlt.
The Board 11o:;d receiyed the 1964 i-\nnuf:3.1 Audit re~Jort of the Utili ties
Co.
FT. Dilentheis informed the :Board that Cecla.r Grove TJtili ties
has 16 acres of land \-lith tte plant and tlli;::: :Cllant is desi0ed to be
expar!.ded. 11,he:.r also \',Jer8 ;J,dvised the.t (19~"tlin.;' 311 8.--D~';raisal me.de \,'lOl.11d
t,o,ke ap:\roximately hlC! Heehj s.nd cost behleen"lC,OCO-:'15,OC.O. r,t
pres"-nt a stuifry is beine; Dade to see vrhetheJ:- this plant \~ill nee,1 to
be expanded to accomode.te Cede,r Grove ,ij5.
i'<r~.. Delc~ntheis fUTtller iYlfo~['rled 1)_2. tb_c1t Cedar Gro.Vi::: 5 8a18~;:
st2.rt in :.::cptember- and a lift st,3tion ioJill -be needed "oj Spring.
Thirty-four- homes C2.n be sold I-li thout the lift station and the mains
will be stsxted lJ,y them this fall. They hope to build 120 homes a
year in ~~is addition. This would Bean that if we decide to acquire
this system as a nucleus for a Bunici:pal system vIe \>/ould haye to nct
irrillJediately to expand in this area.
Vir. Clson felt this could be financed tbro1lgh 30 year bonds -
set UI) to mature smaller to begin \vi th and ballooning at tbe end.
It vms decided that our Engineer will evaluate the plant and
system and consul t 1;,ri tll the fiscal consul tant to see whether "J8 ca.D
financE' it EUld at tl~:tB.t tirne VJe vlill presen.t an offer.
AprJ.l 23, 1965
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Clerk