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City Council <br /> Meeting Minutes <br /> September 4, 2012 <br /> Page 6 of 17 <br /> Mayor Muckle requested public comment and hearing none, closed the public hearing. <br /> MOTION: Mayor Muckle moved to approve Ordinance No. 1622, Series 2012, <br /> seconded by Council member Jasiak. <br /> Council member Keany moved to amend the motion to acquire and protect the grain <br /> elevator, seconded by Council member Loo. <br /> City Attorney Light asked if the intent of the amendment was for acquisition of the <br /> property only. Council member Keany confirmed the HPC funds would purchase the <br /> grain elevator only. <br /> City Attorney Light explained that change would be reflected in three places in the <br /> ordinance. He asked if the principal part of the loan would be amended. Council <br /> member Keany responded yes and estimated the total cost to be $500,000. <br /> VOTE ON THE AMENDMENT: Roll call vote was taken. The motion failed by a vote of <br /> 5-2. Mayor Pro Tern Dalton and Council member Keany voted yes. <br /> Council Discussion: Council member Loo expressed her concern the City would pay <br /> $900,000 for a structure ultimately worth only $500,000. She would vote no on the <br /> motion to approve Ordinance No. 1622. Mayor Pro Tem Dalton and Council member <br /> Keany also would also vote no on the motion to approve Ordinance No. 1622. Council <br /> member Jasiak stated because the City has funds for such a project she would vote yes <br /> on the motion to approve Ordinance No. 1622. <br /> VOTE ON THE MAIN MOTION: Roll call vote was taken. The motion passed by a vote <br /> of 4-3. Council members Dalton, Keany and Loo voted no. Council member Yamell left <br /> the meeting after the roll call vote. <br /> DISCUSSION/DIRECTION/ACTION — GREATER METRO TELECOMMUNICATIONS <br /> CONSORTIUM CONVERSION TO A COLORADO NON-PROFIT CORPORATION <br /> Mayor Muckle requested a staff presentation. <br /> Public Relations Manager Muth explained the purpose of the Greater Metro <br /> Telecommunications Consortium (GMTC) was to coordinate efforts among the metro- <br /> Denver communities in cable franchising mailers. The GMTC has worked to promote <br /> the public's interest in all matters related to cable and telecommunications through <br /> collaboration, education, and advocacy. The GMTC Board believes becoming a non- <br /> profit corporation is the most beneficial and appropriate form to expand the scope and <br /> services of the organization. <br /> The proposed name of the new non-profit entity is the Colorado Communications and <br /> Utility Alliance (CCUA). The purpose of the new organization would also include <br />