042695 CC WS2 Min
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CITY OF SHOREWOOD
WORK SESSION MEETING
WEDNESDAY, APRIL 26, 1995
COUNCIL CHAMBERS
5755 COUNTRY CLUB ROAD
7:00 P.M.
MINUTES
1. CONVENE WORK SESSION MEETING
Mayor Bean called the meeting to order at 7: 11 p.m.
A.
Roll Call
Present:
Mayor Bean; Councilmembers Benson, Malam, McCarty, and Stover; Advisory
Group Members Bridge, Haugen. Also present were Ingrid Schaff and John
Hodgden who are to be officially appointed to the Advisory Group at the next
Council meeting. Administrator Hurm, City Engineer Dresel, Finance Director
Rolek, and Planning Director Nielsen.
The Mayor reviewed for those present what had been discussed at the previous work session.
Finance Director Rolek reviewed a memorandum entitled, "Fund Balance Analysis". He had
prepared a spreadsheet projecting a "worst case" scenario. On the general fund balance should a
property tax freeze be imposed for 1996 and a 3% levy limit reinstated thereafter by the
Legislature. The analysis shows that the general fund balance would be reduced from $1,467,000
to $155,000 by the year 2000. According to this scenario, the City would need to finance the
construction of a water tower through funds other than general fund balances.
A draft ordinance establishing an assessment policy for the provision of municipal water was
reviewed in detail. Subdivision 2, h Front Footage definition was removed; Subdivision 4, a 3 _
the word "reconstruction" was changed to "construction"; Subdivision 5, a - establishing an annual
rate will be reworded by the Engineer; and Subdivision 5 b - base rates will be reworded by the
Engineer.
The proposed assessment formula was reviewed and discussed in detail. Following additional
discussion, the meeting was adjourned at 10: 10 p.m.
NOTE: Following the meeting the Mayor polled the Council members on the previously scheduled
work session meeting dates. It was determined that the meeting dates should be rescheduled to
7:30 p.m., Wednesday, May 17 and 7:30 p.m., Wednesday, May 31.
RESPECTFULL Y SUBMITTED,
James C. Hurm,
City Administrator/Clerk
ATTEST:
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ROBERT B. BEAN, MAYOR
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JAM S C. HURM, CITY ADMINISTRATOR