Loading...
The URL can be used to link to this page
Your browser does not support the video tag.
Home
My WebLink
About
May 6, 2013 Agenda Packet
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³VWDII ILQGLQJV´7KHYDULDQFHVLQFOXGHDOORZLQJLTXHWRWKHSURSHUW\QRWFUHDWHG E\WKHODQGRZQHU 7KHVWDIIMXVWLILFDWLRQVWDWHGKHUHVLPSO\UHSHDWVWKDWWKHGHVLJQLVOLPLWHGE\ZDWHUSUHVVXUH WKDW WKHOHDVHKDVH[LVWHGVLQFHZKLFKGRHVQRWDGGUHVVWKHFLUFXPVWDQFHVXQLTXHWRWKHSURSHUW\ QRWFUHDWHGE\WKHFXUUHQWODQGRZQHU 5($621$%/(86( 7KHYDULDQFHLVQHFHVVDU\WRRYHUFRPHSUDFWLFDOGLIILFXOWLHVLQFRPSO\LQJZLWKWKH]RQLQJRUGLQDQFHVRWKDW WKHSURSHUW\FDQEHXVHGLQDUHDVRQDEOHPDQQHUQRWSHUPLWWHGE\WKHRUGLQDQFH ͒ % 3DJH0D\ z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¶VILUVWSDUN:KLOHLW ZRXOGQRW³FORVHYLHZV´RIDGMDFHQWUHVLGHQWLDOSURSHUWLHVLWZRXOGEHWKHVLQJOHPRVWREYLRXV WK VWUXFWXUHLQWKHYLHZRIDQ\RQHGULYLQJRUZDONLQJZHVWRQ6W6:7KHVKHHUH[WUHPHVRIWKLV YDULDQFHUHTXHVW ´VHWEDFNLQVWHDGRI 3DJH0D\ z & 5RFKHVWHU2OPVWHG3ODQQLQJ'HSDUWPHQW &DPSXV'ULYH6(6XLWH5RFKHVWHU01QJWR538 VXEPLWWDOPDWHULDOWKHUHVHUYRLUZLOOEH DSSUR[LPDWHO\IHHWIURPWKHZHVWSURSHUW\OLQHDQGIHHWIURPWKHHDVWSURSHUW\OLQH'XHWRWKH FRQILJXUDWLRQRIWKHH[LVWLQJSDUFHO QRWWKHOHDVHVSDFH WKHQRUWKDQGVRXWKVHWEDFNVPRUHWKDQFRPSO\ ZLWKWKHPLQLPXPVHWEDFNRI ' 3DJH0D\ z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