Montevideo adopts $4M budget, takes no action on property offer
MONTEVIDEO — City Council members in Montevideo adopted a 2014 budget and levy Monday.
Council members at the regular meeting on Monday adopted a $3,993,880 general fund budget for 2014, according to information from City Manager Steve Jones.
They adopted a general fund levy of $1,275,430, and set the overall levy including debt service at $1,890,930. It reflects a 1.3 percent increase from 2013.
Council members called for a public hearing Feb. 3 on the proposed 2014 utility and street improvements. The city is looking at an estimated $945,000 in work, according to a preliminary report by Rodeberg and Berryman Engineering, Montevideo.
The estimate includes $231,000 in work to be assessed against benefited properties and $714,000 in costs to the city.
The proposed projects include water main replacement and construction and street construction on portions of Fourth Street and Windom Avenue.
Council members also met in closed session to discuss a letter from the Co-op Credit Union expressing interest in purchasing a lot between its current building and the O’Reilly Auto Parts building along Minnesota Highway 7 on the city’s east end.
Consideration of offers for the purchase of property is one of the exemptions allowing a public board to meet in closed session under the state’s Open Meeting Law.
The council members did not make a decision on the request, according to Jones. They will continue to discuss the request.
The city had earlier rejected a request by the financial institution to purchase the property.
The city has an agreement with O’Reilly Auto Parts providing access to the building on the property. The city also does not sell city-owned lots unless a proposed use for the property is known.
The co-op has expressed interested in the site for a possible future expansion, but has not made any specific plans at this time.