Loading...
The URL can be used to link to this page
Your browser does not support the video tag.
Home
My WebLink
About
City Council - Regular Meeting - Jul 8, 2019
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x 7KDQNLQJWKH)LUH'HSDUWPHQWIRUWKHLUUHVFXHRIDQLQGLYLGXDOWUDSSHGXQGHUD YHKLFOH x *UDQGRSHQLQJFHUHPRQ\IRUWKH&RPPXQLW\'HYHORSPHQW'HSDUWPHQWWKLV :HGQHVGD\DW DP x 7KHNLFNRIIRIWKH7KLQN%DQN'RZQE\WKH5LYHUVLGHVHULHVWKLVZHHNHQG x 5HFRJQL]LQJWKHDPD]LQJMREGRQHZLWKWKH6DIH&LW\1LJKWVVHULHVWKLVVXPPHU '0$<255(3257 0D\RU1RUWRQQRWHGWKHIROORZLQJ x 5HSRUWLQJRQMXVWUHWXUQLQJIURPWKH860D\RUV&RQIHUHQFHLQFOXGLQJWKHHQHUJ\ SUHFRQIHUHQFH x :LOOEHPRYLQJIRUZDUGZLWKD6XVWDLQDELOLW\DQG5HVLOLHQF\&RPPLVVLRQ x -XO\ZLOOEHWKHWKLUGKRPHOHVVQHVVZRUNLQJJURXSPHHWLQJ x 2QHRSHQLQJUHPDLQVRQWKH%RDUGRI$SSHDOV x (FKRLQJWKHFRPPHQWVRQWKHJUHDWZRUNEHLQJGRQHE\HPHUJHQF\PDQDJHPHQW DQGSXEOLFVDIHW\IRUFHV (25'(52)$*(1'$ )&216(17$*(1'$ 3UHVLGHQW6WDYHUQRWHGUHTXHVWVWRSXOOLWHPV))) DQG)IURPWKH FRQVHQWDJHQGDIRUGLVFXVVLRQ $GRSWHGDSSURYDORILWHPV))QLW\(YHQW%XGJHW 5HJXODU0HHWLQJ-XO\ $GRSWHG5HVROXWLRQ1R HVWDEOLVKLQJDIXQGIRUWKH0D\RUWRSD\IRUPHDOV ZKLOHDWWHQGLQJFRPPXQLW\HYHQWV )7UDQVIHURI2Q6DOH,QWR[LFDWLQJ/LTXRU/LFHQVHVIRU&%7KHDWHU([SHULHQFH//& '%$&0;&KDWHDX $GRSWHGDSSURYDORIWKHWUDQVIHURIOLFHQVHVIRU&0;&KDWHDXIURP&LQHPH[ 6WUDWIRUG//&WR&%7KHDWHU([SHULHQFH//&IRUDQLQWR[LFDWLQJRQVDOHOLTXRU OLFHQVHZLWK6XQGD\DQGDPOLFHQVHVIRUDEXVLQHVVRSHUDWLQJDVDQRQVDOH H[FOXVLYHOLTXRUVWRUHORFDWHGDW(&LUFOH'U1(5RFKHVWHU01 ) 1HZ2Q6DOH/LTXRU/LFHQVHVIRU5RFKHVWHU+RVSLWDOLW\*URXS//&'%$+ 5RRIWRS $GRSWHGDSSURYDORIDQHZRQVDOHOLTXRUOLFHQVHDQGVSHFLDO6XQGD\OLFHQVHWREH LVVXHGWR5RFKHVWHU+RVSLWDOLW\*URXS//&'%$+5RRIWRSDW6%URDGZD\ $YH5RFKHVWHU01 )/LFHQVHVDQG3HUPLWVIRU-XO\ $GRSWHG5HVROXWLRQ1R DSSURYLQJWKHOLFHQVHVDQGSHUPLWVSUHVHQWHGIRU DFWLRQRQ-XO\ )$FFRXQWV3D\DEOHIRU-XO\ $GRSWHGDSSURYDORIWKHOLVWLQJRIWRWDOGLVEXUVHPHQWVIRU-XO\ LQWKH DPRXQWRIQHIIHFWLYH6HSWHPEHU )5ROH&ODULILFDWLRQ3HUVRQQHO$GYLVRU\&RPPLWWHH $GRSWHG5HVROXWLRQ1R UHODWLQJWRUROHFODULILFDWLRQIRUWKH3HUVRQQHO $GYLVRU\&RPPLWWHH ) 5HJXODU0HHWLQJ-XO\ DQGRQWKHHDVWVLGHLQWKHDQGEORFNVVSDFHV3HGHVWULDQ)DFLOLWLHV$JUHHPHQWZLWK5RFK01 ,QYHVWPHQWV//&DQGDXWKRUL]HGWKH0D\RUDQGWKH&LW\&OHUNWRVLJQVDLG $JUHHPHQW )6SULQJ%URRN9DOOH\&KDQQHO6WDELOL]DWLRQ3URSHUW\$FTXLVLWLRQ WR $GRSWHG5HVROXWLRQ1R $XWKRUL]HVWDIIWRDFTXLUHWKHVXEMHFWSURSHUW\IRUWKHUHDVRQVVWDWHG DQG $XWKRUL]HWKH0D\RUDQG&LW\&OHUNWRVLJQDQ\GRFXPHQWVQHFHVVDU\WRDFTXLUHWKH VXEMHFWSURSHUW\ ) 5HJXODU0HHWLQJ-XO\ D D&LW\2ZQHU&RQWUDFWIRU-IRU³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¶V VXSSRUWDQGSULRULWL]DWLRQRIWKH&DSLWDO%RQGLQJUHTXHVWVVXEPLWWHGWRWKH 0LQQHVRWD0DQDJHPHQWDQG%XGJHW2IILFHIRUFRQVLGHUDWLRQIRULQFOXVLRQLQWKH *RYHUQRU¶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