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2007-07-17 A regular meeting of the Hopkins City Council was held on, 2007, in the Council Chambers of the Hopkins City Hall. Present were Mayor Maxwell and Council Members Youakim, Thompson, Rowan, and Halverson. Also, present were staff members Getschow, Genellie, Stadler, Elverum, Strochota, and City Attorney Jerry Steiner. I. CALL TO ORDER Mayor Maxwell called the meeting to order at 7:30 p.m. II. OPEN AGENDA - PUBLIC COMMENTS AND CONCERNS th Glenn Janson, 337 9 Ave N, came forward, addressing lights in alleys. III. OATH OF OFFICE The City Clerk administered the oath of office to Patrick Beddor, Zoning and Planning Commission and Jessica Bendtsen, Human Right Commission. Judy Reinehr came forward to give a short report on the activities of the Human Rights Commission IV. PRESENTATIONS 1. Residential Property Assessor Nate Stulc, Hennepin County Assessor, explained the assessment process and the valuation appeal process. V. CONSENT AGENDA 1. Minutes of September 20, 2006 Joint City Council Meeting with the City of Minnetonka 2. Minutes of December 12, 2006 Joint City Council Meeting with the City of Minnetonka 3. Minutes of July 2, 2007 City Council Meeting 4. Minutes of July 2, 2007 City Council Work Session 5. Approve Easement Agreement Between Hopkins Independent School District 270 and City of Hopkins In response to Council’s questions about number 5, Mr. Stadler answered that it should not add a significant work load for Public Works. Signage will be added to the area, showing it as part of the park area. Council Member Halverson moved and Council Member Rowan seconded a motion to approve the Consent Agenda. A poll of the vote was as follows: Council Member Youakim, aye; July 17, 2007 City Council Meeting Minutes Page 1 Council Member Thompson, aye; Council Member Rowan, aye; Council Member Halverson, aye; Mayor Maxwell, aye. The motion carried unanimously. VI. NEW BUSINESS 1. 2006 Audit Report Director of Finance Christine Harkess gave a presentation on the 2006 Comprehensive Annual Financial Report (CAFR). City Auditors KPMG reviewed the results of the 2006 audit. Council Member Thompson moved and Council Member Halverson seconded a motion to accept the CAFR report and the audit report. A poll of the vote was as follows: Council Member Youakim, aye; Council Member Thompson, aye; Council Member Rowan, aye; Council Member Halverson, aye; Mayor Maxwell, aye. The motion carried unanimously. 2. Award Sale of Bonds - G.O. Capital Improvement Plan Bonds, Series 2007A (CR2007-075 At the May 15, 2007 Council Meeting, the Council authorized the sale of $10,000,000 (proposed) bonds for financing the acquisition of Facilities through the issuance of refunding bonds. The bids were accepted until 10:00 this morning. The City has the authority to issue CIP Bonds for the purpose of refunding the 2008-2023 maturities of the HRA $10,760,000 Public Facilities Lease Revenue Bonds. The refunding of the 2002A bonds will provide a savings over the remaining term of the bond. Following the resolution awarding the sale of the bonds, the City Council needs to approve the refunding escrow between the City and Trustee for the series 2007A bonds and approve the first amendment to the Lease-Purchase agreement between the HRA and the City. Sid Inman, Ehlers and Associates, came forward and stated that the Bond rating of AA- was reaffirmed in the process. Rates were not as good as hoped for, but still worth the process. Council Member Thompson moved and Council Member Halverson seconded a motion to adopt Resolution 2007-045, awarding the sale of $10,000,000 General Obligation Capital Improvement Plan Bonds, Series 2007A. A poll of the vote was as follows: Council Member Youakim, aye; Council Member Thompson, aye; Council Member Rowan, aye; Council Member Halverson, aye; Mayor Maxwell, aye. The motion carried unanimously. 3. Approve Escrow Agreement Between the City and the Trustee for the Series 2007A Bonds (CR2007-075) Because the bonds would be sold to pay a call date in the future, a trustee must be named for escrow of the funds. Council Member Rowan moved and Council Member Thompson seconded a motion to Approve Refunding Escrow between he City and Trustee for the Series 2007A Bonds. A poll July 17, 2007 City Council Meeting Minutes Page 2 of the vote was as follows: Council Member Youakim, aye; Council Member Thompson, aye; Council Member Rowan, aye; Council Member Halverson, aye; Mayor Maxwell, aye. The motion carried unanimously. 4. Approve First Amendment to Lease-Purchase Agreement Between the HRA and the City (Regarding the Series 2007A Bonds) (CR2007-075) Council Member Youakim moved and Council Member Thompson seconded a motion to approve the First Amendment to Lease-Purchase Agreement between the HRA and the City. A poll of the vote was as follows: Council Member Youakim, aye; Council Member Thompson, aye; Council Member Rowan, aye; Council Member Halverson, aye; Mayor Maxwell, aye. The motion carried unanimously. 5. Award Sale of Bonds - G.O. Permanent Improvement Bonds, Series 2007B (CR2007-076) , At the June 192007 City Council Meeting, the Council authorized the sale of $1,955,000 (proposed) bonds for financing the 2006 and 2007 street improvements within the City. The City has the authority to issue PIR Bonds for the purpose of funding various public improvements within the City. Council Member Thompson moved and Council Member Halverson seconded a motion to adopt Resolution 2007-0046, awarding the sale of $1,955,000 General Obligation Permanent Improvement Revolving Fund Bonds, Series 2007B. A poll of the vote was as follows: Council Member Youakim, aye; Council Member Thompson, aye; Council Member Rowan, aye; Council Member Halverson, aye; Mayor Maxwell, aye. The motion carried unanimously. 6. Approve Contract 73-32103 Trailhead Agreement Hopkins Depot 2007 and Related Agreement Between Three Rivers Park District and the City of Hopkins (CR2007- 074) Three Rivers Park District has made significant investments in the Depot Coffee House site to improve the site as a trailhead. As a multi-use site, activity levels have grown steadily due in part to these improvements. With the Park District’s desire to be and active partner and improve the facilities comes a desire to be named as an equal partner with the City of Hopkins in the permit agreement for the site with the Hennepin “County Railroad Authority. The agreement will help facilitate further improvements to The Depot Coffee House and Trailhead site. Boe Carlson, Three Rivers Park District, came forward to answer questions. City Attorney, Jerry Steiner, stated that he had a concern that the Indemnity clauses in section 9, paragraphs B and C did not state that the indemnity provisions are not intended to waive any of the City’s common law or statutory immunities. Mr. Steiner said that the language should be changed to clarify this, but that his recommendation to Council was that they approve the agreement with the stipulation that this language by changed. July 17, 2007 City Council Meeting Minutes Page 3 Council Member Rowan moved and Council Member Thompson seconded a motion to approve contract number 73-32103, the Trailhead Agreement Hopkins Depot 2007, between the Hennepin County Regional Railroad Authority, City of Hopkins, and Three Rivers Park District and the City of Hopkins in regard to the Depot Trailhead/The Depot Coffee House with the changes as stipulated by the City Attorney. A poll of the vote was as follows: Council Member Youakim, aye; Council Member Thompson, aye; Council Member Rowan, aye; Council Member Halverson, aye; Mayor Maxwell, aye. The motion carried unanimously. VIII. ADJOURNMENT There being no further business, Council Member Thompson moved and Council Member Halverson seconded a motion to adjourn the meeting. The meeting was adjourned by unanimous consent at 8:43 p.m. Respectfully Submitted, Terry Obermaier, City Clerk COUNCIL MEMBERS ____________________________________ ____________________________________ ____________________________________ ____________________________________ ATTEST: _________________________________ Eugene J. Maxwell, Mayor July 17, 2007 City Council Meeting Minutes Page 4