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Incorporated 1892
- AGENDA MEMO -
Mayor and Members of Council
Bruce Williams, City Manager
Council Agenda for July 24, 1995
AGENDA APPROVAL
Agenda Item 2-Council Minutes
Included in your packet are the minutes from your regularly
scheduled Council meeting of Monday, July 10, 1995.
Agenda Item 3-Approval of Claims
The schedule of claims to be paid on Tuesday, July 25, 1995,
have been prepared and available for Council to review. I have
reviewed the claims presented amounting to $479,615.29 and
recommend their payment.
ADDRESSING THE COUNCIL
t, .done scheduled.
Douglas Rauthe
Mayor
Bruce Williams
City Manager
City Council
Members:
Gary W. Nystul
Ward I
Cliff Collins
Ward I
Barbara Moses
Ward 11
Dale Haarr
Ward II
Jim Atkinson
Ward III
Lauren Granmo
Ward III
Pamela B. Kennedy
Ward IV
M. Duane Larson
Ward IV
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ORDINANCES & RESOLUTIONS
Agenda Item 4-Ordinance 1228-Salary/Compensation Adjustments for
Police, Fire and AFSCME Bargaining Unit Employees-2nd Reading
The purpose of this ordinance is to update the salary ordinance to
include the new salaries for the Police, Fire and AFSCME bargaining
unit employees. As you are aware, the salaries for these
bargaining unit members result from negotiated labor contracts
previously ratified by council. This salary also includes a 3%
increase in pay for the City Judge as proposed by the Judge.
Agenda Item 5-Resolution 4222-Intent to Create SID No. 342
This resolution declares the City Council's intent to consider the
creation of a Special Improvement District No. 342 for the purpose
of financing public improvements planned for Corporate Way. The
estimated cost of the improvements is $209,000, which includes 10%
for the SID revolving fund and a reserve of 5%. Your packet
includes a breakdown of the costs to be assessed to each property
owner in the district. The resolution also directs staff to notice
the property owners of the City's intent to assess for the
improvements, plus schedule a hearing to receive protests from
those impacted by the SID.
BUSINESS FROM MAYOR & COUNCIL
None scheduled.
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BUSINESS FROM MANAGER
Agenda Item 6-Adoption of City's Fiscal Year 1996 Preliminary
Operating Budget and Set Budget Public Hearing for August 7, 1995
As you are aware, the City Council is required by State law to
adopt a preliminary budget on or before July 25th of each year.
For the purpose of meeting state budget requirements, I am
recommending that Council adopt by motion, a preliminary budget for
FY96 in the amount of $16,835,582. Additionally, we need a motion
scheduling the Budget Hearing for August 7th. The Final Budget
must be adopted by August 14th.
Agenda Item 7-Commercial Rehabilitation Loan Agreement Proposals
As you are aware, the City submitted requests for proposals to
eight local banks for the purpose of administering our commercial
rehabilitation loan program. We received six proposals, the
summary of which is included in your packet. After discussing the
proposals last week, it was your consensus to allow all six banks
to participate in the program provided they agree to 1) an interest
rate of 9.5%; 2) maximum loan amount of $40,000; 3) a loan
origination fee of $75.00; and 4) loan payback to be five years.
It was Council's thought that this approach would increase the
flexibility of the program by allowing the applicant to apply to
the bank of their choice for the 3% loan. I believe this approach
is reasonable and would allow the customer flexibility. Therefore,
I recommend that Council authorize the manager to implement the
program as discussed above.