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032795 CC WS Min CITY OF SHOREWOOD COUNCIL WORK SESSION MONDAY, MARCH 27, 1995 COUNCIL CHAMBERS 5755 COUNTRY CLUB ROAD 9:58 P.M. MINUTES WORK SESSION . Mayor Bean convened the work session at 9:58 p.m. Present: Mayor Bean; Councilmembers Benson, Malam, and Stover; City Administrator Hurm, City Engineer Dresel, Planning Director Nielsen, and Financial Director Rolek. Absent: Councilmember McCarty. 1. DISCUSSION ON WATER POLICY ISSUES Hurm distributed a document extracted from the Comprehensive Plan entitled: "City of Shorewood Public Improvement Process for Special Assessment Projects," for the Council's information. He also distributed and reviewed a spreadsheet prepared by the staff that identifies the City's potential developments with detailed information including estimates of various costs related to water service and street restoration or reconstruction associated with the developments. Rolek distributed and reviewed 2 variations of a spreadsheet entitled: "City of Shorewood Water Tower Revenue Bond Cash Flow" prepared by the staff and based on several policy assumptions and completion of the developments identified above. Estimated Payment Schedules for Water Trunk Extension Special Assessment Bond and Water Tower Interfund Loans prepared by the staff were also distributed and explained. . The Councilmembers discussed and asked questions about the materials presented by the staff. The Council and staff did not review or discuss a document distributed at this meeting entitled: "Policy Considerations for Expansion of the Municipal Water System" (including assessment, hookup, finance, and other). The Council and staff agreed to set Study/Work Sessions on April 12, April 26, May 10, and May 24, 1995 to consider water related issues. 2. ADJOURN Malam moved, Benson seconded to adjourn the work session at 10:55 p.m. Motion passed 5/0. RESPECTFULL Y SUBMITTED, Arlene H. Bergfalk Recording Secretary TimeSaver Off Site Secretarial ATTEST: . m",\ j ~~ud1~{~~ ROBERT B. BEAN, MAYOR {I II JJ1/VUiA l.- ftvrvYvJ S C. HURM, CITY ADMINISTRATOR