Shoreview Maintenance Center project clears final hurdle
Posted on 19. Feb, 2010 by Chris Dohman in City Council, City Finance, City of Shoreview, Meeting, Public Works
The Shoreview City Council on Tuesday approved the receipt of bids and awarding of contracts for the Maintenance Center remodeling project. They also passed a resolution to authorize the issuance, awarding sale, prescribing form & details, and providing for the payment of $5,615,000 in Taxable General Obligation CIP Bonds. These two actions pave the way [...]
Maintenance Center Remodeling project plans and financing approved
Posted on 08. Jan, 2010 by Chris Dohman in City Council, City Finance, Meeting, Public Works
The project will cost the Shoreview owner of a median value home ($262,200) $19.67 annually or $1.64 monthly.
Shoreview 2010 insurance premiums decrease
Posted on 07. Jan, 2010 by Chris Dohman in City Council, City Finance, Meeting
The Shoreview City Council approved a motion to award the 2010 insurance coverage for the city and the city Economic Development Authority (EDA) to the League of Minnesota Cities Insurance Trust (LMCIT). Each year the city considers approval of insurance policies covering from December 1 to through November 31 of the following year. These policies cover [...]
Huffman continues opposition to maintenance center in Capital Improvement Plan
Posted on 30. Dec, 2009 by Chris Dohman in City Council, City Finance
“To me this project delivers very little if any quality of life to most of our residents,” said Blake Huffman.
82% of Shoreview single-family homes have taxable market value decline in 2010
Posted on 04. Dec, 2009 by Chris Dohman in City Finance, Ramsey County, Real Estate
5,283 out of 6,442 single-family homes in Shoreview have decreased taxable market values for 2010. Below is a list of how those numbers shake out percentage wise. If you own a home in Shoreview you can see where you fit in by looking at your Ramsey County proposed property tax information which you should have received [...]
Key points of 2010 Shoreview budget and property tax levy
Posted on 04. Dec, 2009 by Chris Dohman in City Council, City Finance
The Shoreview City council will hold a public hearing on its budget and the taxes proposed to be collected for city services in 2010. Here are a few of the key numbers. Taxes collected from property owners = $7,852,198 – an increase of 3.3% Taxable values = $29, 612,000 – a decrease of 5.8% Tax [...]
Public Hearing on Shoreview 2010 Budget to be held December 7
Posted on 16. Nov, 2009 by Chris Dohman in City Council, City Finance
A public hearing will be held to address the 2010 Shoreview budget at the Monday, December 7, 2009 city council meeting. The meeting will be held at the Shoreview city hall at 7:00 pm. The preliminary tax levy which was adopted at the September 8, 2009 city council meeting has had two reviews since. The [...]
Shoreview bond rating increased to AA+
Posted on 04. Nov, 2009 by Chris Dohman in City Finance
A recent review of Shoreview’s financial status by Standard & Poor’s has resulted in the increased bond rating for Shoreview to AA+. This AA+ rating is only one shy of the AAA rating, which is the top rating given out by Standard & Poor’s.
$1.415 Million Bond Sale Awarded
Posted on 04. Nov, 2009 by Chris Dohman in City Council, City Finance
The Shoreview City Council awarded the sale of General Obligation Bonds to Robert W Baird at $1.415 Million dollars. True interest cost of these bonds is at 3.08%. The recent increase of Shoreview’s bond rating will save the city an estimated $12,000 in this one bond sale alone. What is the money from these bonds [...]
