Loading...
HomeMy WebLinkAbout2012 10-29 CCM Joint Work Session with Financial Commission MINUTES OF THE PROCEEDINGS OF THE CITY COUNCIL OF THE CITY OF BROOKLYN CENTER IN THE COUNTY OF HENNEPIN AND THE STATE OF MINNESOTA JOINT WORK SESSION WITH FINANCIAL COMMISSION OCTOBER 29, 2012 CITY HALL - COUNCIL CHAMBERS CALL TO ORDER The Brooklyn Center City Council met in Joint Work Session with the Financial Commission and the session was called to order by Mayor Tim Willson at 6:30 p.m. ROLL CALL Mayor Tim Willson and Councilmembers Carol Kleven, Kay Lasman, Lin Myszkowski, and Dan Ryan. Also present: City Manager Curt Boganey, Finance Director Dan Jordet, Earle Brown Heritage Center Manager Bruce Ballanger, Deputy City Clerk Maria Rosenbaum, and Assist City Manager/Director of Building and Community Standards Vickie Schleuning (arrived at 6:34 p.m.). Others present were Financial Commissioners Steve Landis, Rex Newman, Dean Van Der Werf, and Teneshia Kragness (arrived at 6:34 p.m.). INTRODUCTION AND OVERVIEW City Manager Curt Boganey stated this evening was to continue reviewing proposed budgets for Enterprise Funds and that the Golf Course Fund would be discussed at the next meeting. Tonight the focus would be on the Earle Brown Heritage Center, Liquor Stores, and also a continued discussion on utility rates. EARLE BROWN HERITAGE CENTER Earle Brown Heritage Center Manager Bruce Ballanger provided an overview of the Administration, Convention Center, Catering, and Commercial Office Rental at the Earle Brown Heritage Center (EBHC). He discussed the annual goals and strategies, requested budget adjustments, and the capital improvement fund. Finance Director Dan Jordet discussed the cash flows and stated that the projected $200,000 in the years to come creates a positive cash flow through 2018. BC LIQUOR STORES#1 AND #2 Finance Director Jordet provided an overview of the two liquor stores distribution, staff, annual goals and strategies, cash flows, and upcoming repairs and improvements. He informed that both stores are profitable and that in 2013 health care benefits may need to be provided to some of the part time employees. City Manager Boganey added that there may be other part time 10/29/2012 -1- employees that will fall under new guidelines for part time employee health care benefits and that a full analysis could be done for City Council approval if so desired. UTILITY RATES Finance Director Jordet discussed since the last meeting e had prepared new scenarios mixing g p p g debt to take rates a little bit lower and outlined them as follows: Current Capital Improvement Plan (CIP) financed solely with rate adjustments; current CIP Plan financed with combination rate adjustment and minimal debt; current CIP Plan financed with lower rate increases and moderate debt; and current CIP Plan financed with even lower rate increases and recurring debt. There was discussion regarding the four options and consensus was to move forward with the current CIP Plan financed with even lower rate increases and recurring debt. NEXT MEETING—NOVEMBER 5,2012 The next meeting will be held on November 5, 2012, at 6:30 p.m. in the Council Chambers. MISCELLANEOUS There was discussion regarding the Legislative Policy Issues for 2013 and if a Council Member should be delegated. City Manager Boganey stated that an item could be placed on an agenda to discuss and delegate a Council Member. ADJOURNMENT Councilmember Lasman moved and Councilmember Ryan seconded to adjourn the Work Session at 7:54 p.m. Motion passed unanimously. 10/29/2012 -2- STATE OF MINNESOTA) COUNTY OF HENNEPIN) ss. Certification of Minutes CITY OF BROOKLYN CENTER) The undersigned, being the duly qualified and appointed City Clerk of the City of Brooklyn Center, Minnesota, certifies: 1. That attached hereto is a full, true, and complete transcript of the minutes of the of the City Council of the City of Brooklyn Center Joint Work Session with Financial Commission held on October 29 2012. 2. That said meeting as held pursuant to due call and notice thereof and was duly held at g P Y Brooklyn Center City Hall. 3. That the City Council adopted said minutes at its November 13, 2012, Regular Session. Ada, 5j," City Clerk Mayor 10/29/12 -3-