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<br /> ��st was u��ur�. �
<br /> + Hc»+wrd wov�A that Cauncil pa�• thii �lnn�xatton an to th� Plsnn�nq !
<br /> Co�ission with Council'� co�nt�. S�carid�d by T�.�vthn. 11�1 !n
<br /> , iavor with L�any b�inq �ba��nt �nd N�y�r veting aqsinst.
<br /> �
<br /> — D�SCUiiION/!►';TION -�U1RC1iA�i C01rY1tJ1C? ltAtp CONSx1lYATtON L�S�NT,
<br /> 11Ml�Oqu1FQ AMD CI'i'X O! LQ[JIiYILL�
<br /> Lathrop stat�d ch�t th� City oi Louisv�llw wil� b� purchaMinq SQ �
<br /> acr�s oi th Mirr�b0{ICg prop�rty Qutciqht, a Cons�rvation
<br /> Ls��w�rnt on th� r+�w�inlnq �i ticr�r, •nG a a�parat� oa� e�cr� tract
<br /> tnat i• part ot ths old LAitch Cr�k 5ubdivislon •nd la contiyuaus �'
<br /> ta th� •xistinq NarfMbourq prop*rty. Th� Clty would �l�o b�
<br /> purchwsln� • lirst-riqRt-qi-r�Lusal on tha �l acr�� Lhat wauld
<br /> = r�aln und�r th� .:o���cv�tion �a�w�nt.
<br /> Tur�i Twnou�, wc�inq �ity J►ttorn�y, r�vi�rb Ciiy Attorn�y Susin
<br /> Gritilth's suaM�sry, and had on� �dditic�n r�qu��t�d by War�mbourq's
<br /> � •ttorn�y: a char�q� to pay� 2. paraqraph �, to coniar� th� dat� on
<br /> � which a titl� oi coa�►it.�nt would b� provi3�d, sittcw the dsta aad �
<br /> � th� ds�lt is th� d+�te wh�ti pxresd�s CRis rw�tinq �luy 3, x99� ).
<br /> r Fis1c •tatb that th� Mara�baur9• ar• cont�wplattnq �► 1Q31 �xchen�w
<br /> — snd h� did nat •e� in th« ConCr�ct wp�r• it binds th• �:ransl�roe, -
<br /> i.�. th• 1031 �xch�nylaq p4rcy, tu tt�� provisiona o! thl� �
<br /> � aqrN��nt. Nw �l�o did not ss� anythinq about th• C�ntract k�wing
<br /> bindiaq upots t►�irs, ass�9n• o! th� Contr�ct. H� qu�st�on�d haw, li
<br /> � th� war�mbaurqs choas• th� 10�1 v�xch�ng�. th� Cantrsct Mill tl�un,
<br /> — as riqht-nt-firat�r�tuaxl, i��ct ih• third pa�ty. H� Lalt
<br /> � lenquaya ko p�ot�ct t.h� Cfty in that reqerd sh��uld bq �dded. He
<br /> � alao Kond�rQd abc�ut th� oriqinal 32 •illlon clo�inq and no++ the
<br /> war��bciurq� �►ay hav a choic� ai il aillion aL clo�inq, wtth he�vinq
<br /> =^ Ch� r��aLndKr p�ld Ln in�t�ll�anti. H• xond�rvd about th• iatorost
<br /> rat� and �nd�snt 1 prob��r►s . �—�
<br /> �
<br /> � Lathrop •tatiM thwt th� City w��id �wk� th• paywwnt lnta an ��cror+
<br /> � �rccount ena it wuuld b� disbur��d t►ow�v�r th� war��nbaurqs cror.�.
<br /> 5i�k �ant�d to �ak� �ur• th�t th� City pays th� ;Z miZllon in 1994 �
<br /> _ ana tR�t L• th� •nd o! th� City'• involv�swnt. �--
<br /> '� Naysr stat�d th�t in E�hiblt C. Qag� S, par�qraph 10, shouid b� �
<br /> _„� d�lst�d. H� tolt the City should h�av land dadic�Lion i! th� �
<br /> ; pzupurty i■ •old Lo a third party. �
<br /> � �
<br /> � David�on •sk�d !or th• cost tor ths Gity to run watot llna� tio th� _
<br /> ,� Prop�rty. —
<br /> � To+� Phare, Public MTOrk• Qir�ctor. •Lat�d th�t th�r� ia s r+eta�r lin• �
<br /> � on Ja�ckaort Strv�t suitabls Las diroct Csppi�q, w�th • rouqh
<br /> � •stiMwt• o! i1Q,0�0 - i10,000. f
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