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COUNCIL INFORMATIONAL COMMENT ON PERTINENT ITEMS <br /> NOT ON THE AGENDA <br /> <br />Mayer had noticed that Louisville's revenue from water seemed to be up significantly this year. He <br />suggested revisiting the City's rate study to make sure the original assumptions are still correct and <br />that the projected rate increases are still warranted. <br /> <br />Davidson stated that there is already a Work Session scheduled to do just that early this year. <br /> <br />Sisk acknowledged the letter Mayor and Council had received from Keagan O'Rourke at Louisville <br />Middle School, which he felt was well written and contained some very thought provoking <br />comments. He would be contacting O'Rourke. <br /> <br />REGULAR BUSINESS <br /> <br />PRESENTATION - CERTIFICATE OF ACHIEVEMENT FOR EXCELLENCE IN <br />FINANCIAL REPORTING AND DISTINGUISHED BUDGET PRESENTATION AWARD <br /> <br />Davidson read and presented the Certificate of Achievement, to the City of Louisville for its 1995 for <br />its comprehensive Annual Financial Report. Dianne Ray, Director of Finance, accepted the awards. <br />The City had been receiving this award every year since 1990. Along with that, the Government <br />Finance Office Association awarded the City of Louisville the Distinguished Budget Presentation <br />Award for its 1996 Budget. <br /> <br />Dianne Ray, Finance Director, recognized her stafffor their hard work making the award possible. <br /> <br />RESOLUTION NO. 3, SERIES 1997 - CONCERNING A PETITION FOR THE <br />ANNEXATION OF PROPERTY TO THE CITY OF LOUISVILLE, COLORADO, KNOWN <br />AS THE MOBLEY ANNEXATION AND FINDING THE AREA PROPOSED TO BE <br />ANNEXED ELIGIBLE FOR ANNEXATION <br /> <br />Paul Wood, Planning Director, spoke on Resolution No. 3, Series 1997 and Ordinance No. 1244, <br />Series 1996. He pointed out that Resolution No. 3, Series 1997, is resolution of eligibility for the <br />Mobley Annexation. Ordinance No. 1244, Series 1996, authorized the annexation of 13.68 acres <br />owned by Mr. and Mrs. Donald A. Mobley. The petition for annexation was approved at first reading <br />and the annexation agreement had been signed with the following summary of conditions: <br /> <br />1.) <br /> <br />2.) <br /> <br />The owner will not be required to convey water rights, or dedicate public use open <br />space as a condition of annexation. Louisville may require the "Owner" to dedicate <br />some of the property for public use as a condition of any future subdivision. <br />Louisville will provide 1" water tap, one sewer tap, and waive the tap fees therefore <br />for the single family residence in existence on the property on the effective date of this <br />agreement. <br /> <br />3 <br /> <br /> <br />