City Council Agenda and Packet 1994 09 20

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Brand asked then to get together and give 2Mi answer tonight. Lathrop wondered that, since the vast sajority of the work will be Sane in a short period of tise, was there a way that the letter of credit could be put up for the 1354, with the u- rderstanding that a quick release would also be done once those inprovesentt are accepted by the city. Brand felt Mr. Mood was trying to give extra protection to the city. Davidson wanted to see staft cons back and may what should be done, what ahould be the level of guarantee. Than, establish that as :he Developaent Agreement guarantee. Brandt He will do that. Davidson saved that coiumcil approve this contract subject to conditions /policies th - it • J11 tx_ developed by city staff for return to the council on January is, 19115. Seconded by Sisk. Roll call was talon. Motion passed by a 7 - 0 vote. MCECUTIVE sESSXOK D.Avidso" requested the executive cession for the negotiation .nd acquisition of raw water and for discussion and negotiations of purchase of open space. Sue flack, act!nq City Clark, reed `ftA appropriate public statwosant (SEE ATTACK20) . Davidson saved that cou:#eil go into axecutiva **Asian for the negotiation of raw water. Seconded by Hornboatel. All in favor. Davidson roved that Council go into sxwcutivo session for negotiation for purchase of open apaco. Seconded by Nornbostel. All in favor. Annette Brand, City Adninistrator, stated that Vs Phare, Public Works Director, nw•A--@4 to join tho executive session for the raw water acquisition. Davidson announced that there would be a five ainute break before going into executive session. Davidson called the resting back to order. He stated that in the executive session they discussed negotiation strategies for the acquisition of raw water and strategy an potential purchase or a Piece of cpon *Paco on the eastern and of Louisville. 17