Todd Hagen from Ehlers and Associates came to the council to give municipal bonding advice. The city called for bids for a bond for $815,000 for the Barber Circle street and utility project. Hagen reported that one bid was received, and it was from Northland Securities. The bid was for $812,565.20, with a true interest rate of 3.3126%, which is about average. The city had an audit in 2017, and maintains an A+ credit rating. The council approved the sale of the bond.
In other news:
The council approved two bids for painting projects to improve the Volstead House in anticipation of the centennial celebration of Andrew Volstead's Prohibition work. One project is to repaint the floor of the porch, as well as the access ramp, while also adding an anti-skid coating. The other project is to paint the interior and exterior of the house.
The council discussed a request for an extension on a special assessment deferment. About a year ago, the owner of 215 9th Ave came to the council to request the deferment, which the council granted contingent on development. City Manager Crystal Johnson reported the individual explained he had a two part plan, to do the first phase this fall, and finish the construction next spring/summer. The council took no action, deciding that they want to see building permits and plans submitted by the end of December (when the original deferment runs out) before granting an extension, as a sign of genuine progress.
The Memorial Park Phase 1 work is underway. The new restroom building has concrete block walls getting built, with plumbing and utility conduits being stubbed in. The Shelter House roof is getting replaced. Starting Oct. 1st they will start working on removing invasive plants in the area south of Hwy 67.