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ITEM 3.2A SCC 6.25.2018 MinutesITEM 3.2A OTSEGO CITY COUNCIL SPECIAL MEETING OTSEGO PRAIRIE CENTER JUNE 25, 2018 Call to Order. Mayor Stockamp called the meeting to order at 8:17 PM. Roll Call: Mayor Jessica Stockamp; Councilmembers: Vern Heidner, Jason Warehime and Corey Tanner. Absent: Councilmember Tom Darkenwald. Staff: Adam Flaherty, City Administrator/ Finance Director and Tami Loff, City Clerk. 1. 2019 Budget Discussion. City Administrator/Finance Director Flaherty continued the budget discussion by reviewing in detail the special revenue funds which included the Street Light District, Development Revolving and Tax Increment District No. 1- Great River Centre. He also reviewed a combined budget summary for the special revenue funds. City Administrator/Finance Director Flaherty also reviewed the debt service funds as well as a combined budget summary for the debt service fund. The City Council concurred as presented. City Administrator/Finance Director Flaherty also reviewed the property tax levy summary. The City Council concurred as presented. The next budget meeting for review of the General Fund will be July 30 at 6PM. 2. Adjourn. CM Warehime motioned to adjourn. Seconded by CM Tanner. All in favor. Motion carried 4-0. The meeting adjourned at 8:56 PM. ATTEST: Tamil Loff, City Clerk Mayor Jessica Stockamp 11 Page 6/25/18