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10-10-05 Worksession CITY COUNCIL MINUTES Richfield, Minnesota Special Worksession October 10, 2005 The meeting was called to order by Mayor Kirsch at 5:31 p.m. Members Present: Members Not Present: Martin Kirsch, Mayor; Bill Kilian; Fred Wroge; and Sue Sandahl. Staff Present: Susan Rosenberg. Steven Devich, City Manager; Bruce Palmborg, Community Development Director; Mike Eastling, Public Works Director; Bill Fillmore, Municipal Liquor Operations Director; Jim Topitzhofer, Recreation Services Director; Brad Sveum, Fire Services Director; Dan Scott, Public Safety Director; Bruce Nordquist, Housing and Redevelopment Manager; Patrick Smith, Community Development Manager; Chris Regis, Finance Manager; Pam Dmytrenko, Assistant to City Manager; and Cheryl Krumholz, Recording Secretary. Item #1 Jim Prosser, Ehlers & Associates, explained tonight's Worksession is the third in a series of four regarding Richfield's key financial strategic planning. Mr. Prosser reviewed the following: . Community Comparison Data . Draft Long-Term Financial Goals . Draft Financial Principles Public Works Director Eastling reviewed the transportation program initiatives for Cedar Avenue/66th Street, Portland Avenue/66th Street, and Lyndale Avenue/Crosstown/Richfield Lake (Clerk's File No. C-411). Mr. Prosser discussed transportation financing options including improvement bonds and MSA bonds. He encouraged the City Council to request any additional information they may want since the intersection design decision is scheduled for the October 25 City Council meeting. Mr. Prosser stated tax impact information will be provided to the City Council. The fourth financial planning session will include discussing strategies to achieve the identified goals. Speda1 Worksession Minutes -2- October 10, 2005 The meeting was adjourned by unanimous consent at 7:25 p.m. Date Approved: October 25. 2005 flit f ~ vk~ c. . .. /f./Mi U CheryfK'i:z;mho Z Recording Secretary