Loading...
HomeMy WebLinkAboutCity Council - Study Session - Jun 24, 2019 &,7<2)52&+(67(5 &281&,/0,187(6 &RXQFLO%RDUG&KDPEHUV WK6WUHHW6(  6WXG\6HVVLRQ-XQH 30  678'<6(66,210((7,1*,7(06 3UHVLGHQW6WDYHUFDOOHGWKHPHHWLQJWRRUGHUDWSP  3UHVHQW&RXQFLOPHPEHUV.HDQH&DPSLRQ%LOGHUEDFN3DOPHU3UHVLGHQW6WDYHU &RXQFLOPHPEHU-RKQVRQDUULYHGDWSP  $EVHQW&RXQFLOPHPEHU:RMFLN &LW\RI5RFKHVWHU9LVLRQ3ULQFLSOHVDQG3ULRULWLHV 6LJQ,Q6KHHWVIRUWKH2SHQ&RPPHQWDQG+HDULQJV6HFWLRQVRIWKH&LW\&RXQFLO 0HHWLQJV&LW\&OHUN±(VWLPDWHG7LPH0LQXWHV &LW\&OHUN$QLVVD+ROOLQJVKHDGSURYLGHGDEULHIRYHUYLHZRIWKHRSWLRQVIRUXVHRIVLJQLQ VKHHWV  7KHUHZDVFRQVHQVXVDURXQGXVLQJWKHVLJQXSVKHHWVIRUWKHRSHQFRPPHQWSHULRG WRFDOOVSHDNHUV $PLFXV%ULHI6XSSRUWLQJ7LWOH9,,3URWHFWLRQIRU/*%74&RPPXQLW\&LW\$WWRUQH\± (VWLPDWHG7LPH0LQXWHV &LW\$WWRUQH\-DVRQ/RRVSURYLGHGLQIRUPDWLRQDERXWWKLVUHTXHVW  7KHUHZDVGLVFXVVLRQDERXWZKHWKHUWKH&RXQFLO VDSSURYDOLVUHTXLUHGLQRUGHUIRU WKH0D\RUWRVLJQRQEHKDOIRIWKH&LW\  &RXQFLOPHPEHU&DPSLRQPRYHG.HDQHVHFRQGHGDSSURYDORIWKHSURSRVHG UHVROXWLRQ $GRSWHG $EVHQW:RMFLN 2UGLQDQFHV5HJDUGLQJ'RZQWRZQ6N\ZD\&LW\$WWRUQH\±(VWLPDWHG7LPH0LQXWHV 'LVFXVVLRQRQWKLVWRSLFEHJDQDWSP  3ROLFH&KLHI-LP)UDQNOLQDQG&LW\$WWRUQH\-DVRQ/RRVSUHVHQWHGDVVHWIRUWKLQD 3RZHU3RLQW LQWKHUHFRUG   7KHUHZDVFRQVHQVXVDURXQGDGRSWLQJKRXUVRIRSHUDWLRQVLPLODUWRWKH&LW\RI6DLQW 3DXOFORVLQJVN\ZD\VEHWZHHQPLGQLJKWDQGDP &LW\&RXQFLO0LQXWHV 0RQGD\-XQH  3DJHRI   7KHUHZDVGLVFXVVLRQDURXQGORRNLQJDWSRWHQWLDOO\DGRSWLQJDVLWODZRUGLQDQFHDV ZHOODVDSDQKDQGOLQJRUGLQDQFHLQDGGLWLRQWRDGGLQJFDPHUDVZLWKLQVN\ZD\V7KH &RXQFLOUHTXHVWHGWRKDYHWKHWRSLFRIDSDQKDQGOLQJRUGLQDQFHUHWXUQVHSDUDWHO\WR WKH&RXQFLODWDIXWXUHPHHWLQJ 'RQDWLRQV&LW\$WWRUQH\±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±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