Loading...
HomeMy WebLinkAboutMay 29, 2019 Agenda Packet (2) &,7<2)52&+(67(5 &LW\&RXQFLO$JHQGD &RXQFLO%RDUG&KDPEHUV WK6WUHHW6(  6SHFLDO0HHWLQJ0D\ 30   $&$//7225'(552//&$// %3(50,7$33/,&$7,216 [[375,1141,392,1208][14][B,I,][Arial]] [[391,1141,408,1208][14][B,I,][Arial]] [[450,1141,1819,1208][14][B,I,][Arial]]+RQNHUV%DVHEDOO)LUHZRUNV'LVSOD\RQ [[1819,1141,1836,1208][14][B,I,] [Arial]] %3HUPLW$SSURYDOIRU+RQNHUV)LUHZRUNV'LVSOD\ [[375,1361,392,1428][14][B,I,][Arial]] [[391,1361,408,1428][14][B,I,][Arial]] [[450,1361,1861,1428][14][B,I,][Arial]]6SHFLDO(YHQW&DVWOH&RPPXQLW\/XDXRQ [[1861,1361,1878,1428][14][B,I, ][Arial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¶VGHSDUWPHQWDOLQIRUPDWLRQ  $/7(51$7,9($&7,21 6  7KH&RXQFLOFDQFKRRVHQRWWRDSSURYHDQ\OLFHQVHRUSHUPLWSUHVHQWHGRUWRUHTXHVWDGGLWLRQDO LQIRUPDWLRQSULRUWRJUDQWLQJDQDSSURYDO  35,25&,7<&281&,/$1'&200,66,21$&7,216 $WHDFK&RXQFLOPHHWLQJDOLFHQVHUHSRUWLVSUHVHQWHGIRUWKHFRQVLGHUDWLRQRIWKH&RXQFLO  ),6&$/$1'5(6285&(,03$&7 /LFHQVLQJDFWLYLW\LVEXGJHWHGIRUXQGHUWKH&LW\&OHUN¶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¶VGHSDUWPHQWDOLQIRUPDWLRQ  $/7(51$7,9($&7,21 6  7KH&RXQFLOFDQFKRRVHQRWWRDSSURYHDQ\OLFHQVHRUSHUPLWSUHVHQWHGRUWRUHTXHVWDGGLWLRQDO LQIRUPDWLRQSULRUWRJUDQWLQJDQDSSURYDO  35,25&,7<&281&,/$1'&200,66,21$&7,216 $WHDFK&RXQFLOPHHWLQJDOLFHQVHUHSRUWLVSUHVHQWHGIRUWKHFRQVLGHUDWLRQRIWKH&RXQFLO 3DFNHW3J %  ),6&$/$1'5(6285&(,03$&7 /LFHQVLQJDFWLYLW\LVEXGJHWHGIRUXQGHUWKH&LW\&OHUN¶V2IILFHPDLQGHSDUWPHQWDOEXGJHW/LFHQVH  DSSOLFDWLRQIHHVFRYHUDSRUWLRQRIWKHFRVWRIDGPLQLVWHULQJWKHOLFHQVLQJSURFHVV  $77$&+0(176 &20081,7<)(67,9$/5(62/87,21&DVWOH&RPPXQLW\/XDX  3DFNHW3J %D    5(62/87,21   :+(5($66HF E RIWKH5RFKHVWHU&RGHRI2UGLQDQFHV ³5&2´ VWDWHVWKDWVSHFLILHG RQVDOHLQWR[LFDWLQJOLTXRUOLFHQVHHVPD\GLVSHQVHLQWR[LFDWLQJOLTXRURIISUHPLVHVDWD &RPPXQLW\)HVWLYDOKHOGZLWKWKH&LW\RI5RFKHVWHUDQG  :+(5($65&2† E GHILQHVD³&RPPXQLW\)HVWLYDO´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† E GRHVKHUHE\GHFODUHWKH&DVWOH &RPPXQLW\/XDXHYHQWDVD&RPPXQLW\)HVWLYDO    3$66('$1'$'237('%<7+(&20021&281&,/2)7+(&,7<2)  52&+(67(50,11(627$7+,6BBBBBBBBBB'$<2)BBBBBBBBBBBBBBB  BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB 35(6,'(172)6$,'&20021&281&,/ $77(67BBBBBBBBBBBBBBBBBBBBBBBBBB &,7<&/(5.  $33529('7+,6BBBBB'$<2)BBBBBBBBBBBBBBBBBBBBBB   BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB 0$<252)6$,'&,7< 6HDORIWKH&LW\RI 5RFKHVWHU0LQQHVRWD   5HV?5HVROX&RP)HVW 3DFNHW3J