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City Council Agenda and Packet 1988 11 01
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City Council Agenda and Packet 1988 11 01
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City Council Records
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City Council Packet
Signed Date
11/1/1988
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CCAGPKT 1988 11 01
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f <br /> • <br /> The developer detailed the tax credit and the <br /> financial backing of the project. <br /> Mayor rauson moved and Mohr seconded to adopt <br /> Resolution 447. <br /> Sackett asked that Council deny Resolution 047 <br /> regardless of what the financing mechanise is. <br /> 'Apartment complex is not appropriate for the <br /> areas' stated Sackett. Mis concern is that this <br /> area is the entry point to the City In one <br /> direction. Sackett's vision is that there will be <br /> a convention center out there plus a <br /> center and a golf *purse is close t ►. •_ : '. '-,� <br /> just don t think that as � ool� is . .•that is quality growth. Rfr;,Ax <br /> *rare bi that oaai.. aril cam t 4 <br /> projects would like, to see staff some <br /> guarantees from the developer in writing regardins <br /> the landscaping and amenities. • <br /> Mayor rause% stated that he felt it was an ' <br /> appropriate use of the property. Carnival <br /> concurred however be is still concerned with the <br /> guarantees of landscaping and amenities and would <br /> feel more comfortable with tabling the Aesolottos <br /> until these issuer can bs worked out. <br /> Carnival moved and FFerrera seconded to table <br /> Resolution 447. <br /> £honkwi lea asked to speak stating that be <br /> understands the concerns of Council but feels that <br /> it would be unfair to single out the <br /> successfulness of this or any one project by <br /> innuendo. So other project is this City b►as ever <br /> been required to guarantee by Lotter of credit or <br /> bond its completion by a certain time. Shoakwiler <br /> stated that the developer boa shows good faith La <br /> their willingness to work with staff to ensure • <br /> quality project in a timely manner. <br /> Carnival stated that he is still not comfortable <br /> with the issue of timing certain improvements to <br /> the issuance of certificates of occupancy. <br /> fabling the Resolution would allow staff to work <br /> out these issues with the developer. <br /> Mohr felt that tabling the besolutioe is <br /> unnecessary as staff can be charged with working <br /> out an of the details Council directs them to <br /> accomplish prior to the beginning g of the project <br /> as there is a tremendous incentive as the part of <br /> the developer to see that this project la • <br /> 10 <br />
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