DL to issue bond for Lakes Homes
Detroit Lakes will be issuing bonds for a $2.2 million Lakes Homes and Program Development, Inc., project.
The project will include new homes and headquarters for Lakes Homes in Detroit Lakes, Mahnomen and Fergus Falls. The city will issue the bonds but will have no obligation or financial resources in the deal.
Cities are given $10 million a year for this type of issuance.
Other action taken at the Detroit Lakes City Council meeting includes:
September's city council meeting has been changed to Sept. 13 at 5 p.m. because of the primary election on Sept. 12.
Second reading and adoption of an ordinance defining a rear yard for lakes homes to be the yard between the house and the street.
This way no variance will be needed for those wanting to build a garage between the house and 30 feet of the right of way along the street.
Approving a resolution for the state legislature enacting special Tax Increment Financing legislation for Detroit Lakes for the Highway 10 realignment until 2014. This says that the city can use TIF incentives basically anywhere for the redevelopment of Highway 10 realignment areas.
The disbanding of the sports arena commission. The decisions will now be handled under the street and park committee.
Mayor Larry Buboltz agreed to appoint two more people to the public utilities commission. He will make those appointments at a later time.
Wal-Mart and Menards have agreed to put up the city's share for stoplights at the intersection of Highway 10 and Airport Road.
Filing dates for city council vacancies open Aug. 29 and close Sept. 12 for the November election. There is no primary election for council positions.
Openings include first ward, Leonard Heltemes; second ward, David Aune; third ward, G.L. Tucker, and two at large, Matt Brenk and Walt Tollefson. All positions are four-year terms.