►
From YouTube: January 25, 2023 Board of Estimate and Taxation
Description
Additional information at:
https://lims.minneapolismn.gov
A
Good
afternoon
and
thank
you
for
attending
the
regular
meeting
of
the
board
of
estimate
taxation
for
January
25th
2023
I
am
Samantha
priest,
Stinson,
I
use
she
her
pronouns
and
I
am
the
President
of
the
bet.
At
this
time.
I
will
ask
the
clerk
to
call
the
roll,
so
we
may
verify
the
presence
of
a
quorum.
A
Let
the
record
reflect
that
we
have
a
quorum
and
we
will
now
proceed
to
our
agenda,
a
copy
of
which
has
been
posted
for
the
public
at
the
public.
Access
to
the
city's
legislative
information
system,
also
known
as
limbs,
which
can
be
reached
at
limbs.nn.gov,
moving
forward
to
the
adoption
of
our
agenda
board
members.
The
agenda
for
today's
meeting
is
before
us
may
I.
Please
have
a
motion
to
adopt.
The
agenda
is.
B
A
Second,
we
have
a
proper
motion
before
us.
Is
there
any
discussion,
any
discussion
seeing
none
all
those
in
favor
say
aye
aye,
those
opposed,
say,
nay,
the
eyes
have
it
and
the
agenda
is
adopted.
Moving
to
acceptance
of
minutes
from
the
December
7
2022
meeting
and
the
January
11
2023
meeting
May
I.
Please
have
a
motion
to
accept
both
sets
of
minutes.
A
A
The
next
item
on
our
agenda
is
public
comment.
We
don't
have
anybody
present
today
for
public
comment
and
no
written
comments
came
in
I'd
also
like
to
acknowledge
that
mayor
fry,
the
additional
member
to
our
bet
board
is
present,
which
moves
us
to
new
business
item.
Five
on
the
agenda
is
receiving
the
bond
request
listed
in
the
transmittal
memo,
for
which
the
board
of
estimate
and
Taxation
will
consider
approving
the
issuance
of
bonds
at
a
future
meeting.
Colleagues,
does
anyone
have
any
questions
or
comments
involving
the
memo?
C
Mr
hoppy
I'm
sure
this
is
I
know
that
this
is
a
routine
matter
that
comes
before
the
board
of
estimate
at
least
annually,
but
I
found
the
I
just
found
the
background
to
be
a
bit
confusing
sort
of
I
felt
like
I,
was
parsing
sentences
going
back
to
schedule
a
and
schedule
B
and
schedule
C
and
so
on.
I
just
want
to
make
sure
I
have
the
gist
of
it.
Correct
without
unnecessarily
prolonging
the
meeting
as
I
understand
it.
C
This
sells
some
additional
bonds
for
projects
that
I
assume
fell
a
little
short
for
a
variety
of
reasons.
One
could
hypothesize.
Maybe
the
engineer's
estimate
was
a
little
bit
optimistic.
Maybe
there
were
unforeseen
circumstances
that
drove
up
costs
or
whatever,
and
then
there
was
also
a
a
reality.
There's
an
addition
of
a
large
amount
of
bonding
to
the
authorized,
but
not
sold
list
which
we
have
done
in
the
past
and
then
there's
a
sort
of
a
third
category
of
reallocation
of
bond
proceeds
to
better
align.
D
E
C
E
Good
afternoon
board
Brett
jelly
deputy
director
of
Public
Works,
yes,
I.
Thank
you
for
a
heads
up
as
I
formulated
kind
of
the
best
way
to
summarize
kind
of
a
complicated
moving
around
of
money.
So,
as
we
are
looking
at
our
traffic
program
for
2023,
we
were
evaluating
our
sources
of
revenue
to
fully
fund
that
work
and
in
order
to
move
forward
with
the
14
intersections
and
a
few
other
projects,
we
looked
at
our
available
resources.
One
Source
is
the
one
that's
before
you.
The
bond
proceeds,
this
reallocation
schedule.
E
There
was,
as
you
noted,
a
number
of
other
items
that
we
moved
around
from
a
revenue
standpoint
from
22
projects
and
even
our
23
plan.
They
all
are
consistent
with
the
overall
type
of
work
that
those
different
programs
and
projects
do
from
a
traffic
signal
standpoint.
So
we're
just
moving
those
to
fully
fund
our
23
work.
C
And
it
struck
me
that
Apparently
one
of
the
areas
where
there
was
unspent
resources
was
the
concrete,
Street
repair
program
and
it
looks
that
there's
a
shift
of
a
substantial
amount
of
money
to
the
asphalt
resurfacing
program,
which
is
something
I'm
familiar
with.
My
own
streak
got
done
about
five
years
ago,
and
it's
certainly
worthwhile,
but
I
was
surprised
that
the
allocation
of
concrete
Street
rehab
mining
didn't
get
used
up.
Are
there
actors
that
contribute
to
that.
E
E
Maybe
this
is
the
first
item
more
generally
about
the
different
items
leader
on
yes,
so
concrete
streets
in
particular
was
something
that
is
kind
of
time
and
materials
estimate
in
as
we
got
into
areas
the
it
is
a
different
type
of
project
than
doing
an
asphalt
resurfacing
project
where
we
know
we're
going
to
Mill
that
entire
Street
and
put
down
new
Asphalt
in
concrete
rehab.
We
are
kind
of
evaluating
as
we're
in
the
field,
and
sometimes
those
quantities
come
in
low
and
then
we
will
reuse
reallocate
resources
to
other
needs.
C
C
A
F
Thank
you
just
a
quick
question.
This
makes
sense
as
kind
of
a
a
resolution
to
take
on
in
the
beginning
of
a
fiscal
year.
Does
this
happen
periodically
throughout
the
calendar
year,
or
is
this
kind
of
a
beginning
of
the
year
end
of
the
year
activity
and
what
kind
of
frequency
does
this
come
before
this
body.
D
President
and
board
member
Albany,
not
very
often
so
in
December,
we
did
a
reallocation
and
we
usually
do
a
once.
A
year.
Kind
of
allocation
of
hajik's
head
had
already
been
bonded,
for
this
was
a
special
situation,
but
these
for
in
this
particular
resolution,
referred
to
projects
that
have
already
been
bonded
for
it,
so
we're
doing
what
we
did
in
December.
We
usually
do
this
once
a
year,
but
sometimes
some
things
come
up.