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12-01-08 Special -TNT SPECIAL CITY COUNCIL MEETING MINUTES Richfield, Minnesota Special Meeting of the City Council December 1, 2008 CALL TO ORDER The meeting was called to order by Mayor Goettel at 7:00 p.m. ROLL CALL Council Members Present: Debbie Goettel, Mayor; Sue Sandahl; and Bill Kilian. Council Members Not Present: Susan Rosenberg and Fred Wroge. Staff Present: Steven L. Devich, City Manager; Mike Eastling, Public Works Director; Jim Topitzhofer, Recreation Services Director; Brad Sveum, Fire Services Director; Bill Fillmore, Municipal Liquor Operations Director; Chris Regis, Finance Manager; and Cheryl Krumholz, Recording Secretary. Item #1 TRUTH IN TAXATION PUBLIC HEARING REGARDING 2009 PROPERTY TAX LEVY AND 2008 REVISED/2009 PROPOSED BUDGET AND PROPOSED 2009 WATER, WASTEWATER AND STORM SEWER UTILITY RATES S.R. NO. 286 City Manager Devich stated the Truth in Taxation Meeting tonight will discuss the proposed 2009 property tax levy, not property assessed value. The property valuation is handled by contacting the Assessor’s Office. Finance Manager Regis made a presentation, City of Richfield 2009 Proposed Budget and Tax Levy, Local Services Paid by Local Taxes. (City Clerk’s File No. C-443) City Manager Devich explained the levy includes the debt service on the bonds for the new maintenance facility, new Police/Fire/City Hall facility and water plant upgrades. There is a moderate increase in the levy due to the General Fund. Special Meeting Minutes -2- December 1, 2008 Larry Wozniczka, 6744 Wentworth Avenue, read a statement related to his property taxes and options to reduce City expenses and lower the 2009 Levy. (City Clerk's File No. C-444) Mr. Wozniczka questioned that the selling of the bonds may be premature. Izzat Minhas, 1020 Mildred Drive, spoke against an increased levy, including a new City Hall, due to the economic recession. M/Kilian, S/Sandahl to close public hearing. Motion carried 3-0. City Manager Devich explained the timing of the bond sales for City Hall. Finance Manager Regis explained the arbitrage strategy and laws. M/Goettel, S/Sandahl to schedule final action on the levy and budget items and utility rates for the Regular City Council meeting of December 9, 2008. Motion carried 3-0. This concluded the Truth in Taxation Meeting and final action is scheduled for the December 9, 2008 Regular City Council Meeting. ADJOURNMENT The meeting was adjourned by unanimous consent at 7:34 p.m. ~._ Date Approved: ranLarv 1 ~, 2009 Cheryl Krumholz ~ l _~~,re~C"" Devich Recording Secretary City Manager