1 00:00:00,320 --> 00:00:11,280 meeting um on Monday, December 8th, 2025 at OSFA City Hall at 700 p.m. Um if we 2 00:00:08,960 --> 00:00:14,280 would all please rise to the pledge of allegiance. 3 00:00:14,480 --> 00:00:23,519 » I pledge allegiance to the flag of the United States of America and to the 4 00:00:19,840 --> 00:00:30,279 republic for it stands. One nation under God, indivisible, with liberty and 5 00:00:26,560 --> 00:00:30,279 justice for all. 6 00:00:36,559 --> 00:00:42,280 We've got a few people in attendance, so maybe we should do roll call. 7 00:00:42,399 --> 00:00:49,120 » Stephanie Henan, city council. Laura Bros, city council. 8 00:00:46,079 --> 00:00:58,760 » JD, mayor. Tim Doroom, city council. Randy Anderson, city council. Larry Del 9 00:00:54,399 --> 00:00:58,760 Craig will say sorry chief 10 00:01:01,840 --> 00:01:08,240 » Jason Murray >> and Angela Jacobson. 11 00:01:06,400 --> 00:01:12,960 » Um if we could look at the agenda. Is there 12 00:01:10,720 --> 00:01:17,200 anything any changes that anybody needs to make or can we approve the agenda as 13 00:01:15,040 --> 00:01:22,080 presented? >> Motion to approve the agenda. 14 00:01:20,479 --> 00:01:24,720 Motion has been made and seconded to approve the agenda. All in favor say I. 15 00:01:24,320 --> 00:01:30,880 I. >> Oppose. Same sign. Motion carries. Um I 16 00:01:28,799 --> 00:01:34,079 will now entertain a motion to suspend this regular meeting to go into our 17 00:01:32,720 --> 00:01:38,479 first public hearing through the taxation. 18 00:01:36,640 --> 00:01:42,960 » I'll make a motion to suspend the meeting. 19 00:01:40,799 --> 00:01:47,200 » Motion has been made and seconded to suspend the regular meeting to open 20 00:01:45,119 --> 00:01:51,360 public hearing truth and taxation. All in favor say I. 21 00:01:48,799 --> 00:01:55,600 » Oppose. same sign. We will move on to the truth and 22 00:01:53,119 --> 00:01:58,079 taxation hearing. Um, 23 00:01:57,600 --> 00:02:03,240 » pardon me. >> Come up and Yes. 24 00:01:59,840 --> 00:02:03,240 » Yes, please. 25 00:02:06,240 --> 00:02:14,080 Tonight, uh, we're having the public hearing we're required to have for our 26 00:02:11,120 --> 00:02:17,599 budget. So, I did have for everybody in the public here to get this sheet that 27 00:02:15,760 --> 00:02:21,680 says OUS um city highlights. Everybody receives 28 00:02:19,680 --> 00:02:25,840 this in their newsletter in the fall. Um, so it's not changed from then, but 29 00:02:24,400 --> 00:02:30,319 just wanted to go over some of the details of that and not read everything 30 00:02:28,800 --> 00:02:37,519 off, but just for the public's information is that um the council is 31 00:02:33,200 --> 00:02:43,680 looking at a 5% increase to our tax levy and that's $44,09 32 00:02:40,959 --> 00:02:46,800 and that's proposed for 2026 and that would cover the general fund 33 00:02:44,959 --> 00:02:53,120 expenditures um reserve fund and our debt levy. And 34 00:02:50,319 --> 00:03:01,200 right now the taxes that the city does collect is approximately 47.59% 35 00:02:58,480 --> 00:03:05,360 of the total budget that the city uses throughout year in their general fund. 36 00:03:03,680 --> 00:03:13,280 The expenditures that we're looking at this year are 7.2% 37 00:03:08,319 --> 00:03:19,920 increase 426 from the 25 budget. Um the main um changes are our parks, beach, 38 00:03:17,280 --> 00:03:24,239 community center, trails, and ice rink and the police department are the 39 00:03:21,680 --> 00:03:29,360 biggest changes in our budget. For the revenues, it's also increasing 40 00:03:26,720 --> 00:03:36,959 by 7.2%. And the main items that we receive that 41 00:03:33,440 --> 00:03:41,120 cover the cost of our general fund are um the local government aid, taxes, and 42 00:03:39,040 --> 00:03:47,760 grants. and we do transfer some money from um other funds to help with the 43 00:03:43,760 --> 00:03:53,120 budget. Um so in the main part the council is looking at tonight adopting 44 00:03:50,239 --> 00:03:59,040 that budget. So like we talked about in our preliminary budget we had a 5% 45 00:03:57,040 --> 00:04:04,879 increase. I did have in the packet tonight um I went through the budget and 46 00:04:03,200 --> 00:04:09,200 finalized some numbers based on some changes that we had recently. there was 47 00:04:07,360 --> 00:04:16,239 a uh carryover of $4,889. 48 00:04:13,120 --> 00:04:22,639 So, we could reduce the uh levy mode to 4.5% 49 00:04:18,639 --> 00:04:28,160 and still stay uh within not affecting the budget that we had set up in um 50 00:04:25,919 --> 00:04:32,479 September. But if the council wanted to go a little lower, we'd have to reduce 51 00:04:30,800 --> 00:04:37,680 some of the reserve funding in order to do that. So the council tonight can open 52 00:04:34,720 --> 00:04:41,440 it up to questions from the floor and then move into making a decision on 53 00:04:39,840 --> 00:04:46,040 that. Any questions for me first of all? 54 00:04:46,080 --> 00:04:49,720 » Nothing for me. 55 00:04:51,120 --> 00:04:54,280 » Thank you. 56 00:04:55,600 --> 00:05:01,400 » And do we have any questions from the floor or any comments from the floor? 57 00:05:07,680 --> 00:05:13,440 If not, um, I will entertain a motion to close the 58 00:05:12,400 --> 00:05:17,039 public hearing. >> Motion to close the public hearing. 59 00:05:14,960 --> 00:05:22,479 » And do I have a second? Second. >> Motion has been made and seconded to 60 00:05:18,639 --> 00:05:30,039 close the public hearing at 7:06 p.m. All in favor say I. I. Oppose. Same 61 00:05:25,199 --> 00:05:30,039 sign. Motion carries. 62 00:05:30,240 --> 00:05:37,320 Um, and with the information that Angela has provided to us, um, 63 00:05:37,680 --> 00:05:46,720 my feeling, um, is I don't think you want to reduce it to, uh, 4%, I would 64 00:05:43,840 --> 00:05:51,600 rather not have to pull from reserves, but if she's comfortable with us 65 00:05:48,880 --> 00:06:03,240 bringing it down to 4.5, um, I would, uh, appreciate that. Um, 66 00:05:56,320 --> 00:06:03,240 any discussion? Um on this from you guys 67 00:06:12,639 --> 00:06:15,639 that 68 00:06:19,840 --> 00:06:28,000 I'll make a motion to approve resolution 2025-30 69 00:06:22,960 --> 00:06:31,039 the uh 226 final Excellent. 4 and a2%. 70 00:06:30,000 --> 00:06:37,520 » Second. >> Motion has been made and seconded to 71 00:06:34,000 --> 00:06:42,479 approve resolution 2025-30 uh for final tax levy of 4.5%. All in 72 00:06:40,800 --> 00:06:47,880 favor say I. >> Oppos. Same sign. Motion carries. 73 00:06:48,560 --> 00:06:52,720 » There are two more items on the duty too. 74 00:06:53,759 --> 00:06:57,720 motion to approve the budget. 75 00:07:04,160 --> 00:07:07,919 » And do I have assistance? >> I'm sorry. It's 76 00:07:07,120 --> 00:07:11,280 » okay. >> Motion has been made and seconded to 77 00:07:09,440 --> 00:07:16,960 approve the budget for 2026 as presented. All in favor say I. I. 78 00:07:14,080 --> 00:07:21,440 Oppose. Same time. Motion carries. 79 00:07:18,960 --> 00:07:29,680 And then uh last meeting we discussed the um 80 00:07:24,800 --> 00:07:34,560 new um water and sewer rates which Angela has provided to us here 81 00:07:31,680 --> 00:07:39,599 also. >> I'll make a motion to approve the new 82 00:07:36,639 --> 00:07:43,680 rates for 2026. >> Motion has been made and seconded to 83 00:07:41,360 --> 00:07:52,520 approve the water and sewer rate for 2026 as presented. All in favor say I. 84 00:07:46,639 --> 00:07:52,520 I. both same sign. Motion carries. 85 00:07:56,160 --> 00:08:05,720 We have a few minutes before the next public hearing. So, we will look at the 86 00:08:00,639 --> 00:08:05,720 consent agenda and item, please. 87 00:08:13,440 --> 00:08:20,919 I will make a motion to approve the consent items and pay the bills of 88 00:08:17,919 --> 00:08:20,919 $367,2395. 89 00:08:22,720 --> 00:08:31,479 » Sorry. Motion is made and seconded to approve the consent agenda and approve 90 00:08:27,680 --> 00:08:31,479 bills of $367,23925. 91 00:08:33,360 --> 00:08:41,080 All in favor say I. Bullet same sign. Motion carries 92 00:08:56,480 --> 00:09:08,640 on to um item number 60-1 ordinance rental. Um, I know we um tabled this at 93 00:09:04,720 --> 00:09:13,519 the last meeting. Um, I know that uh Angela and Lynette have 94 00:09:11,040 --> 00:09:20,080 given me some more information regarding the number of units that we have in 95 00:09:14,880 --> 00:09:23,680 town. Um, I do feel that um 96 00:09:21,600 --> 00:09:29,600 we should have further conversation on this. Um, 97 00:09:26,640 --> 00:09:33,040 but if it's okay with the council, u I would like the table to have a February 98 00:09:31,360 --> 00:09:37,440 meeting. This January gets to be a little hectic, 99 00:09:34,720 --> 00:09:42,240 too. Um, unless you guys have some other thoughts or any other information that 100 00:09:39,600 --> 00:09:48,720 you would like um the city girls to get together for us. 101 00:09:46,399 --> 00:09:54,519 Um, I know I can have Angela share what she's already the information that 102 00:09:50,399 --> 00:09:54,519 they've already gathered. 103 00:10:02,000 --> 00:10:10,000 Okay. >> I'll make a motion to table the rental 104 00:10:08,000 --> 00:10:13,920 ordinance project number 16-1 to the February 105 00:10:12,800 --> 00:10:16,240 meeting. >> Second. 106 00:10:14,640 --> 00:10:21,760 » Motion has been made and seconded to table the ordinance for rental units uh 107 00:10:18,800 --> 00:10:27,320 till February. All in favor say I. I. >> Oppose. same sign. Motion carries. 108 00:10:33,519 --> 00:10:41,440 Um project number 60, ordinance meters. Um 109 00:10:39,680 --> 00:10:44,560 the public works department has been working to replace the water meter 110 00:10:42,959 --> 00:10:49,519 batteries for properties that are receiving estimated bills. Uh we 111 00:10:47,360 --> 00:10:54,320 currently have 24 properties that have received three notices to have the meter 112 00:10:52,160 --> 00:11:00,480 battery replaced and they have not complied. Uh public works is looking at 113 00:10:58,240 --> 00:11:05,920 um us changing our ordinance for a 114 00:11:02,399 --> 00:11:12,200 compliance a non-compliance fee. Um I think this is probably something 115 00:11:07,680 --> 00:11:12,200 that we should have looked at. 116 00:11:12,640 --> 00:11:19,839 Currently, we're allowed to shut them off, not charge a fee, 117 00:11:17,920 --> 00:11:23,040 » but we can't do that during winter also. Correct. 118 00:11:20,880 --> 00:11:28,880 » Well, shut them off. You're legally required unless they heat with water, 119 00:11:26,880 --> 00:11:32,480 but typically we don't do it because of the cold weather rules and having to 120 00:11:30,800 --> 00:11:37,519 find the curb stops and shut them off. It causes problems. So, we don't on a 121 00:11:35,680 --> 00:11:43,040 typical basis. So, now you can't shut anybody off for non-compliance. So, we 122 00:11:40,640 --> 00:11:49,440 discussed this fee that we saw other cities do on compliance, but wanted to 123 00:11:45,920 --> 00:11:54,160 see if it was even worth investigating or have an attorney look at some draft 124 00:11:51,279 --> 00:11:59,040 language before I went that far. But I did have some here just to get you an 125 00:11:56,240 --> 00:12:04,959 idea of if we did do something that would be something that would look like. 126 00:12:02,160 --> 00:12:09,519 So just so I'm understanding this correctly. 127 00:12:06,480 --> 00:12:14,639 So they're not replacing the battery. So are we just guesstimating then what on 128 00:12:12,959 --> 00:12:19,760 average what they've used and that's what they're getting for the bill. So 129 00:12:16,880 --> 00:12:21,760 ultimately they it also could get a surprise if they're using a lot more 130 00:12:21,360 --> 00:12:27,680 water. >> And we we have had so it the system 131 00:12:24,800 --> 00:12:31,920 estimates it itself. It goes off of people's average and we have had some 132 00:12:30,560 --> 00:12:36,399 that are really close. So, we've had some that their bill is $300 or more and 133 00:12:35,360 --> 00:12:40,000 then they come in and they're complaining. It's like, well, they've 134 00:12:37,600 --> 00:12:48,000 been estimated for a year now and now we have people that have gotten three 135 00:12:42,560 --> 00:12:53,440 notices and haven't complied. So, is there a reason why they aren't 136 00:12:51,440 --> 00:12:57,839 keeping up with it? I don't know. Or don't want to do it. We're not sure. I 137 00:12:56,079 --> 00:13:01,279 did have a gentleman that complained about having to do it to me and um he 138 00:13:00,079 --> 00:13:04,800 said he didn't get his first two letters. 139 00:13:02,880 --> 00:13:09,519 I can't say that he did or didn't. I we sent them out, you know, to him. And so 140 00:13:07,279 --> 00:13:13,440 these 24 people we are actually today calling them just saying, "Hey, did you 141 00:13:11,760 --> 00:13:19,040 know that you're supposed to be doing this and seeing if we can get a few more 142 00:13:16,000 --> 00:13:24,320 people just don't want to do it?" The matter is they just don't want to 143 00:13:20,560 --> 00:13:26,959 have anybody in their house. So >> we don't have an accurate rating to 144 00:13:26,079 --> 00:13:32,399 know. >> I get that. But we also are providing 145 00:13:29,680 --> 00:13:37,279 them with water. We have to have a way to be accountable for their benefit as 146 00:13:35,440 --> 00:13:41,440 well as ours. We all need to be on the same page. So 147 00:13:39,440 --> 00:13:45,600 » I have no problem with going forward with that. I mean, 148 00:13:43,440 --> 00:13:50,079 » if if they don't want to do that, then they shouldn't live in city limits, I 149 00:13:47,279 --> 00:13:53,519 guess. I mean, we need to have it accurate for 150 00:13:52,000 --> 00:13:57,199 » when it's for both. I mean, we're billing them. We don't want to 151 00:13:54,560 --> 00:14:00,160 overcharge them, but we have no idea where estimate if it's too much or not 152 00:13:59,440 --> 00:14:05,440 enough. >> I did ask Lynette to take these 24 lease 153 00:14:02,959 --> 00:14:10,639 and look back and figure it herself just to make system isn't figuring it wrong 154 00:14:08,480 --> 00:14:14,800 because the closer we can get the better. Otherwise, like you said, 155 00:14:11,920 --> 00:14:17,839 there's going to be two, three, $400, and it's like they don't like that when 156 00:14:16,480 --> 00:14:19,760 we send that to us, >> right? 157 00:14:18,320 --> 00:14:22,639 » We've had people complain to us. It's like, well, 158 00:14:21,600 --> 00:14:25,920 I'm sorry. But >> I was going to say the news and Lynette 159 00:14:24,320 --> 00:14:30,560 and I had a conversation about the new system, too. The way it averages it is 160 00:14:29,199 --> 00:14:34,880 weird. >> It's 161 00:14:32,480 --> 00:14:40,000 just I mean, the system doesn't go back to look at the time period. 162 00:14:38,240 --> 00:14:47,760 It just I don't know where it comes up as a number and Lena has no idea either 163 00:14:44,160 --> 00:14:52,560 » but I know Steph you had >> we had ours and we had it estimated and 164 00:14:50,160 --> 00:14:57,279 then we got our actual bill and truly for us it was more that we used 10,000 165 00:14:55,199 --> 00:15:02,720 gallons and I'm like good lord you guys are done showering. 166 00:15:00,320 --> 00:15:05,600 » So that was more my shock but then as I talked to Judy and I talked to a couple 167 00:15:04,320 --> 00:15:09,120 of my neighbors they're like don't worry about that number they have to start 168 00:15:06,959 --> 00:15:12,399 somewhere like Okay. >> Yeah, cuz I get a final reading when 169 00:15:10,720 --> 00:15:15,360 they do it and when they replace this battery at zero, 170 00:15:13,760 --> 00:15:18,560 » it starts over. So then they give us that reading. That's what we build as 171 00:15:17,040 --> 00:15:21,600 that final rating. >> And so it probably was underestimating 172 00:15:20,639 --> 00:15:22,880 some for your >> Oh, I'm sure. 173 00:15:22,480 --> 00:15:24,639 » Yeah, >> it went down again this month. So I'm 174 00:15:24,320 --> 00:15:28,160 okay. >> Yeah. 175 00:15:26,240 --> 00:15:32,560 » Yeah. But I 176 00:15:28,959 --> 00:15:36,000 » sounds reasonable after three times that reason 177 00:15:33,760 --> 00:15:40,160 » and and maybe in if we want to go forward and look at this because I don't 178 00:15:37,760 --> 00:15:45,279 think that it's a bad idea. You know, people have to understand that we have 179 00:15:42,720 --> 00:15:47,839 to replace these things. 180 00:15:46,480 --> 00:15:51,440 » Well, we couldn't predict that they would fail early either. 181 00:15:49,199 --> 00:15:55,759 » Yeah. But maybe we in the language we can put you know three letters and then 182 00:15:53,759 --> 00:15:58,639 follow up with the phone call and if we can't get any anything after the phone 183 00:15:58,000 --> 00:16:01,600 call >> Yeah. 184 00:16:00,000 --> 00:16:04,000 » done due diligence. >> Yeah. 185 00:16:01,920 --> 00:16:08,240 » Yep. >> The under monitors our 186 00:16:06,800 --> 00:16:11,320 water that comes out of our wells and if we can't 187 00:16:11,759 --> 00:16:19,519 » Yeah. We have to keep within that 10%. >> Yeah. So, I will make a motion to 188 00:16:17,360 --> 00:16:21,440 approve moving forward. >> The motion. 189 00:16:20,160 --> 00:16:26,880 » Yeah. >> Last year, I had my water meter freeze 190 00:16:23,360 --> 00:16:31,440 up and broke. They gave me a new water meter. I put it in. Not I don't know if 191 00:16:29,759 --> 00:16:35,920 that has a battery in it or what it might hooked up. 192 00:16:33,360 --> 00:16:41,519 » Mhm. Yeah. You have to put in They won't put it in, but this is just a the unit 193 00:16:38,720 --> 00:16:44,399 on top of it is the battery, and that's what sends it to their 194 00:16:42,959 --> 00:16:48,240 reading. So, as they drive around, that's how they get the reading from. 195 00:16:46,160 --> 00:16:49,839 » Okay. How does the battery in it >> when I got it? 196 00:16:49,279 --> 00:16:53,360 » Yep. >> How long are they usually last? 197 00:16:51,519 --> 00:16:55,759 » Well, what what we're doing now is between 10 and 12 years. 198 00:16:55,120 --> 00:16:58,560 » Oh, okay. >> That's what we're doing. Yeah. 199 00:16:57,199 --> 00:17:03,120 » So, if you just got a new one, you should be good for 10 years hopefully. 200 00:17:01,199 --> 00:17:07,760 » Okay. Just making sure. >> Cross. 201 00:17:06,000 --> 00:17:11,760 » Beautiful. So I will make a motion to approve moving forward to prepare 202 00:17:09,679 --> 00:17:17,280 language to amend our meter ordinance and allowing for non-compliance fees. 203 00:17:14,559 --> 00:17:22,319 » Second. Motion is made and seconded to approve moving forward and prepare 204 00:17:19,600 --> 00:17:25,919 language to amend our meter ordinance to allow a non-compliance fee. All in favor 205 00:17:25,120 --> 00:17:32,120 say I. >> I post same sign. Motion carries. 206 00:17:33,120 --> 00:17:43,600 Now I will ask or entertain a motion to suspend our regular meeting to move on 207 00:17:38,799 --> 00:17:47,520 to um our tax increments public hearing. So move 208 00:17:44,720 --> 00:17:54,240 » second. Motion has been moved and seconded to suspend our regular meeting 209 00:17:50,880 --> 00:18:01,520 um and open public hearing for tax increments. All in favor say I. 210 00:17:56,799 --> 00:18:05,600 » Oppos. Same sign. Motion carried. Jason, if you know, join us. 211 00:18:04,080 --> 00:18:08,160 » Good evening, mayor and councel. >> Good evening. 212 00:18:06,720 --> 00:18:14,480 » Tonight, you're holding this public hearing just on the modification of of 213 00:18:11,200 --> 00:18:19,760 the uh original sus properties uh tax incurren financing district 1-5. It was 214 00:18:17,039 --> 00:18:24,240 originally established back in 2000. So, it's it's hitting its last few years of 215 00:18:22,000 --> 00:18:30,080 life. And so the main reason why we're modifying this is the city of Oasis has 216 00:18:26,559 --> 00:18:36,559 been very uh aggressive in how it's used in to support specifically single family 217 00:18:33,679 --> 00:18:41,200 uh housing uh improvements within the city. It's also looking at I know the EA 218 00:18:38,880 --> 00:18:45,360 is talking about some future housing uh new development and that. So we want to 219 00:18:43,520 --> 00:18:49,600 maximize this tiff district as best we can. So the tiff plan governs how the 220 00:18:47,440 --> 00:18:54,640 city can use this increment over the life. So really looking over this life 221 00:18:52,160 --> 00:18:58,640 of this 26-year district. So the key piece of this diff plan is really that 222 00:18:56,559 --> 00:19:05,600 budget that's on page I think it's page three. It maximizes what we're trying to 223 00:19:00,880 --> 00:19:10,720 do is maximize that budget um to make sure that we have the ability to collect 224 00:19:07,120 --> 00:19:14,640 the increment. So right now um right now if we we didn't if we didn't approve 225 00:19:13,039 --> 00:19:18,880 this you see that total from modification number one that 1.8 8 226 00:19:17,200 --> 00:19:26,080 million would be the maximum increment we could collect. Um nice the the the 227 00:19:23,039 --> 00:19:30,960 the experience this tiff district has had is we're hitting that capacity. So 228 00:19:29,039 --> 00:19:35,280 in order to make sure that we can use this tip district through its life 229 00:19:32,960 --> 00:19:39,360 through the end of 2027. We just want to modify this this budget maximize this as 230 00:19:37,840 --> 00:19:44,480 much as we can based on all the activities. So really with this little 231 00:19:41,919 --> 00:19:48,240 dis modification really tried to balance out. We've had a lot of land sale 232 00:19:46,720 --> 00:19:52,880 proceeds over the years. So we want to make sure we're accounting for that the 233 00:19:49,919 --> 00:19:58,000 increment and maximizing this budget. So again council we're not adding parcels. 234 00:19:56,160 --> 00:20:03,200 This has nothing to do with anything new from the standpoint of adding parcels. 235 00:20:00,000 --> 00:20:08,640 It's mainly a budgetary uh amendment or modification at this time. Um we'll see 236 00:20:07,039 --> 00:20:14,799 in a couple years where the where the council and EDA want to go as far as the 237 00:20:10,640 --> 00:20:18,559 use of this um district and at the end of 2027 we'll no longer 238 00:20:16,880 --> 00:20:23,280 be collecting increment but if there is some funds available within that tiff 239 00:20:20,559 --> 00:20:28,720 district from these activities we can continue to use it as long as it's 240 00:20:25,360 --> 00:20:34,880 supporting housing that meets specific income levels whether rental or home 241 00:20:31,600 --> 00:20:38,159 ownership and so uh the council and EDA has been very aggressive over the last 242 00:20:36,159 --> 00:20:44,480 few years of trying to do the single family home fix up. It's been a very 243 00:20:40,000 --> 00:20:48,720 good program for for the city here. Any questions on the modification 244 00:20:46,480 --> 00:20:55,880 council? It's just uh again just trying to maximize that that the use of this 245 00:20:51,679 --> 00:20:55,880 tip for the city. 246 00:20:58,000 --> 00:21:01,720 » I have no questions. 247 00:21:03,600 --> 00:21:09,080 » Thanks. I'll step back if there's any questions. Thank you. 248 00:21:09,520 --> 00:21:14,360 » And it was in our minutes was requesting 249 00:21:18,000 --> 00:21:26,200 and I'll now entertain a motion to um close the public hearing. 250 00:21:27,679 --> 00:21:33,679 » Second. A motion has been made and seconded to close the public hearing and 251 00:21:32,159 --> 00:21:41,080 return to our regular meeting. All in favor say I. I oppose. Same sign. 252 00:21:37,600 --> 00:21:41,080 Motion carries. 253 00:21:41,120 --> 00:21:50,919 So in order for us to do that, we have to um approve uh the resolution that 254 00:21:47,280 --> 00:21:50,919 Angela has attached. 255 00:21:51,280 --> 00:21:56,960 » I'll make a motion to approve the 2025-32 256 00:21:55,280 --> 00:22:01,280 resolution uh approving the modification for the 257 00:21:58,720 --> 00:22:07,520 TIFF 1 through five. Second. Motion has been made and 258 00:22:03,840 --> 00:22:11,200 seconded to approve resolution 25-32 259 00:22:09,520 --> 00:22:17,039 approving the modification of TIFF district 1-5. All in favor say I. 260 00:22:14,640 --> 00:22:21,039 » I. Opposed. Same sign. >> Motion carries. 261 00:22:19,039 --> 00:22:26,559 » Angela, the last sentence on this document, do we need to make a motion to 262 00:22:22,960 --> 00:22:33,240 pay that invoice? >> No. They'll send us one later on 263 00:22:29,679 --> 00:22:33,240 estimate. Yeah. 264 00:22:38,080 --> 00:22:51,320 » Okay. Then we will move on to project 299-489 265 00:22:43,520 --> 00:22:51,320 bond lift station main lift station. Um 266 00:22:52,080 --> 00:23:00,559 Jason you're back up. 267 00:22:57,520 --> 00:23:05,280 » Well perfect. Well, this has been uh kind of a fall project for you and 268 00:23:02,799 --> 00:23:10,720 improving this lift station. So, uh mainly due to kind of the timing timing 269 00:23:08,400 --> 00:23:16,480 of it and the need for funds, uh we decided best option was using Minnesota 270 00:23:12,960 --> 00:23:20,480 water to uh to issue this deck. And so, you have in front of you a loan 271 00:23:17,840 --> 00:23:27,240 agreement resolution that would approve the issuance. Um, trying to find the 272 00:23:22,880 --> 00:23:27,240 cheat sheet here. Dropped into 273 00:23:29,600 --> 00:23:34,840 I had bonds. I just wanted to hit the highlights on 274 00:23:37,120 --> 00:23:43,919 sorry um first and foremost this is a utility so 275 00:23:42,159 --> 00:23:49,039 we are collecting shore and water earlier. I know that uh during your 276 00:23:45,840 --> 00:23:52,000 budget conversation um you improved the water new water and sewer rates. So, 277 00:23:50,559 --> 00:23:56,880 that's something Angel and I have been speaking to uh speaking with over the 278 00:23:54,559 --> 00:24:02,400 last few months here just as we prep for this borrowing this issue. $759,000 279 00:24:00,240 --> 00:24:07,440 total bond issue. Again, it will pledge sewer revenues. There was there was some 280 00:24:04,720 --> 00:24:11,360 mixtures of some generators in there for the water plant, but there was also a 281 00:24:08,880 --> 00:24:20,080 grant to offset that. And so, this is going to mainly pledge sewer runs uh for 282 00:24:15,039 --> 00:24:24,880 that uh main lift station. So, um, if council wishes, we can lock in tonight 283 00:24:22,240 --> 00:24:28,799 and, uh, within a couple weeks, we'll have funds in the bank for you to make, 284 00:24:26,559 --> 00:24:35,320 um, construction 285 00:24:30,880 --> 00:24:35,320 invoice or pay instruction invoices. 286 00:24:35,840 --> 00:24:40,880 » What rate are we looking at? >> I knew you were going to ask 287 00:24:39,760 --> 00:24:44,960 4.4. >> Yeah, that's what I locked in. 288 00:24:43,120 --> 00:24:48,400 » That's what I locked in. I did some I was uh on my way up here panicing a 289 00:24:46,559 --> 00:24:54,600 little bit. There was a couple 4.65s that came in today. I was uh confusing 290 00:24:51,039 --> 00:24:54,600 myself, but yes.