City Council Minutes of August 6, 2018

Date: 
August 6, 2018

 MINUTES OF THE SPECIAL CITY COUNCIL MEETING

AUGUST 6, 2018

Pursuant to due call and notice thereof, a special meeting of the City Council of the City of Saint Peter was conducted in the Governors' Room of the Community Center on August 6, 2018.

A quorum present, Mayor Zieman called the meeting to order at 3:00 p.m.  The following members were present:  Councilmembers Pfeifer, Kvamme, Johnson, and Mayor Zieman.  Absent was Councilmembers Grams, Carlin, and Brand.  The following officials were present: City Administrator Prafke and City Attorney Brandt.

Medical Office Building Lease– City Administrator Prafke recommended adoption of a resolution providing for execution of a formal lease with River's Edge Hospital and Clinic for the Medical Office Building located on the Hospital campus.  City Attorney Brandt indicated the Council has previously provided for adoption of a Registered Land Survey as part of the USDA financing for the hospital expansion project, but the bank appraiser had asked for the lease.  Shannon Sweeney of David Drown Associates, indicated the bank’s appraiser wanted the lease to demonstrate the space was available to support the operations of the hospital.  Prafke noted the Hospital Commission had recommended execution of the lease.

Councilmember Kvamme asked if the lease payment, which fixed for the 35 years of the lease term, covered the City’s monthly bond payment.  Prafke noted the amount had been calculated by the Hospital’s CFO and would be equal to the monthly payment.  Prafke also noted that the Mayo Clinic building was excluded from the lease as Mayo had constructed the building themselves and only leased the land from the City.

In motion by Kvamme, seconded by Johnson, Resolution No. 2018-122 entitled “Resolution Approving Lease Of Medical Office Building to River's Edge Hospital and Clinic“ was introduced.  Upon roll call, with all in favor, the Resolution was declared passed and adopted.  A complete copy of Resolution No. 2018-122 is contained in the City Administrator’s book entitled Council Resolutions 22.

There being no further business, a motion was made by Pfeifer, seconded by Johnson, to adjourn.  With all in favor, the motion carried and the meeting adjourned at 3:06 p.m.