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MINUTES OF THE ORONO COUNCIL MEETING OF AUGUST 14, 1989 <br />FACILITIES MEETING - COUNCIL /PLANNING COMMISSION <br />City Administrator Bernhardson recommended September 14th at <br />7:00 p.m. for the joint meeting to discuss the facilities. <br />Bernhardson noted that he would need to set a date for a budget <br />meeting as well. <br />BOND SALE <br />RESOLUTION 12676 <br />City Administrator Bernhardson requested approval to <br />recalculate the capitalization interest. He explained that there <br />would be a delay between the time of construction and receipt of <br />the assessment payments. Bernhardson estimated that the <br />recalculation would increase the amount of the revenue bonds to <br />issue and sell by approximately $200,000.00. <br />Councilmember Goetten indicated that she would have no <br />objections to the recalculation as long as Bernhardson provided a <br />memo indicating what the exact recalculated figure is. <br />It was moved by Mayor Grabek, seconded by Councilmember <br />Goetten, to adopt Resolution #2676, establishing a date to issue <br />and sell General Obligation Water and Sewer Revenue Bonds, Series <br />1989. Motion, Ayes =4, Nays =O, Motion passed. <br />LAWSUIT SETTLEMENT <br />ART CENTER <br />RESOLUTION #2677* <br />It was moved by Mayor Grabek, seconded <br />Peterson, to adopt Resolution #2677, which <br />reference the stipulation and the terms agreed <br />Motion, Ayes =4, Nays =O, Motion passed. <br />1990 BUDGET LEVY <br />RESOLUTION #2672* <br />It was moved by Mayor Grabek, seconded <br />Peterson, that Council adopts Resolution #2672 <br />final proposed tax levy and expenditures fo <br />1990. Motion, Ayes =4, Nays =O, Motion passed. <br />by Councilmember <br />incorporates by <br />to by the parties. <br />by Councilmember <br />establishing the <br />r the budget year <br />JOHN WALDRON <br />1951 CONCORDIA STREET <br />AMEND RESOLUTION #2407 TO CORRECT LEGAL DESCRIPTION <br />RESOLUTION 12678* <br />It was moved by Mayor Grabek, seconded by Councilmember <br />Peterson, to adopt Resolution #2678, amending and clarifying <br />Resolution #2407. Motion, Ayes =4, Nays =O, Motion passed. <br />MINNESOTA CYCLE TOUR* <br />It was moved by Mayor Grabek, seconded by Councilmember <br />Peterson, to accept the information regarding Minnesota Cycle <br />tour. Motion, Ayes =4, Nays =O, Motion passed. <br />EARL NORWOOD- REFUND <br />RESOLUTION #2679* <br />It was moved by Mayor Grabek, seconded by Councilmember <br />6 <br />• <br />• <br />L' <br />