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City Council <br />Meeting Minutes <br />July 19, 2016 <br />Page 11 of 15 <br />other items that need to be completed to satisfy the conditions in the original agreement <br />before closing can occur but they are willing to work towards that. <br />Mr. Hartronft noted if the City Council is satisfied with just stabilization of the structure <br />then that is fine, but it will cost more to get the building to a place to reuse it and make it <br />functional. <br />Planning and Building Safety Director Zuccaro asked if the Council wants staff to work <br />with the applicant under Resolution 2, Series 2012 rules. A loan from the HPF is an <br />option to serve as the match or a part of the match which would let the City stay under <br />the rules of the Resolution. <br />Mayor Muckle stated he is looking for a solution outside of that Resolution. <br />Randy Caranci, 441 Elk Trail, Lafayette, CO, stated the HPF has plenty of money in it to <br />spend on this project. His opinion was the City waives fees and gives money to other <br />developers and he is being treated differently. <br />Council member Loo asked what property the City is waiving all fees for. City Manager <br />Fleming stated Mr. Caranci is likely referring to the Tebo property where the seller <br />would not sell the property without the condition of the building fees being waived. <br />Michael Menaker stated this is not a business deal and will never make money. That is <br />why there is the HPF. That money should be used for this project and allow it to finish. <br />He agreed with the mayor; find a way to make this work. <br />Mayor Muckle asked if the Council had any objections to directing staff to find other <br />options. <br />Mayor Pro Tem Lipton had no objection to exploring options but did want some <br />understanding of what the City will have to finance in the future phases including any <br />loans. <br />Council member Stolzmann would like to see what is brought back to stay within the <br />guidelines of Resolution No. 2. If substantial changes are made it should go back to the <br />HPC first. She added there are plenty of other projects on which to spend the money, <br />the fund will not be endless. <br />Mayor Muckle noted the resolution is a resolution of denial. <br />MOTION: Mayor Muckle moved to approve Resolution No. 35, Series 2016, Council <br />member Maloney seconded the motion. Motion passed 6 -0, Council member Keany <br />absent. <br />