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Creek Between Dillon Road and Cherry Street." <br />Proper publication and notice of public hearing were <br />established. <br />Hundley stated that the project developers requested <br />that the public hearing on Ordinance #948 and #949 <br />be continued to allow ample time to complete all <br />necessary information needed for this hearing and <br />also allow staff 1time to complete final negotiations <br />with Coal Creek Associates. "We are in substantial <br />agreement regarding the terms of the annexation and <br />what remains is, in essence, some dotting of the is <br />and crossing of t:he t's." Hundley recommended that <br />the public hearing be opened and Council initiate a <br />motion to have it continued until February 16, 1988. <br />Mayor Fauson openesd the public hearing and stated <br />that anyone wishing to speak on the issue who may be <br />unable to return f`or the next meeting may speak at <br />this time. <br />Anderson and Sackett asked to be excused so as to <br />avoid any possible conflict of interest. Mayor <br />Fauson excused them from the proceedings on both the <br />annexation and zor.~ing ordinances for Coal Creek <br />Ranch. <br />John Leary, 1116 I~aFarge, asked to speak at this <br />time. Mr. Leary stated that although he is <br />supportive of a golf course in Louisville, several <br />private sector consultants studied this issue and <br />determined that a golf course could not make enough <br />money at this times. Leary also questioned the City's <br />use of a portion of service expansion fees as a <br />backup for securing bonds. <br />Although Pat Hornbostel signed a card to speak, he <br />stated that he will come back to the next meeting <br />since the public hearing will be continued to that <br />date. <br />Mayor Fauson stated that with no other persons in <br />the audience wishing to speak at this time, he asked <br />Council for a motion. <br />Mohr moved that the public hearing on Ordinance #948 <br />be continued to the February 16, 1988 Council <br />Meeting. Szymanski seconded. By Roll Call Vote, <br />the public hearing for Ordinance #948 was continued <br />until the February 16, 1988 Council Meeting. The <br />Vote was 5-0-2 with Anderson and Sackett previously <br />excused from the proceedings. <br />3 <br />