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Asti-Caranci stated that the city would not issue any building permits for the Ponderosa Subdivision <br />until it recoups the $4,432 from Mr. Caranci. <br /> <br />Levihn: <br /> <br />I would like to look into that and see if there's some <br />way to recoup some of that. <br /> <br />Sisk felt the city needed to accept a lot of responsibility for not having a Public Guarantee. He felt <br />the advance of $4,432 was a small step, given the circumstances. He urged Council to go forward. <br /> <br />Howard disagreed with the city trying to get additional pecuniary action. He would be satisfied with <br />the developer reimbursing the city for funds expended. He agreed with Sisk. <br /> <br />Tami Tanoue, acting City Attorney, had received a call from Brad Peterson, representing Mr. Caranci <br />and/or Flagstaff, expressing concern about various aspects of the staffs recommendations especially <br />the one pertaining to looking into court prosecution of Mr. Caranci. He was also concerned about <br />the 1991 assignment. It was his view that part of this predicament arose because the city had, <br />according to Mr. Peterson, authorized progress payments to Mr. Latham. <br /> <br />Keany encouraged pursing legal action against Mr. Caranci and Flagstaff. <br /> <br />Lathrop felt it was appropriate that the city in effect put a lien on the ten lots and that the city take <br />all legal means to recover all of the city's costs and expenses that can be legally collected. <br /> <br />Mayer felt the city should recover everything possible and he would support the city pursuing action <br />in Municipal Court against Mr. Caranci to set an example. <br /> <br />Asti-Caranci, in clarification, stated that the total improvements are $41,100. The city has $32,000, <br />about $9,000 short. The $4,432 is just for improvements #1 and #2 (SEE ATTACHED. <br /> <br />Davidson felt it was obvious that this developer was not trustworthy, had no intentions of living up <br />to his agreement, and he deserved to be brought to Court. He felt the City Attorney should be <br />instructed to vigorously enforce this Code violation. <br /> <br />Howard wanted this expressed as a dual rather than single issue: The city doing the completion work <br />and the issue of prosecution. <br /> <br />Sisk moved that Council accept the assignment and authorize the Mayor and City Council to sign the <br />Assignment of Funds in the amount of $32,068 from Mr. Steve Latham to the City of Louisville to <br />complete the improvements #1 and #2 and those improvements at this point aggregate $36,500, <br />which excludes the 125% Public Improvement Guarantee, leaving $4,432 unfunded, which would be <br />funded from the City Council Contingency Fund. The city would not issue any building permits for <br />the ten lots for the Ponderosa Subdivision until the city recoups the entire amount that the city is out <br />from Mr. Caranci. The city would have authorization to have the Mayor and City Clerk sign and <br /> <br />4 <br /> <br /> <br />