The URL can be used to link to this page

Home My WebLink AboutCity Council - Regular Meeting - Jul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±3XEOLF,PSURYHPHQWVWR6HUYH &DULERX&RIIHHDW5LYHU&HQWHU3OD]D- $GRSWHG5HVROXWLRQ1RDSSURYLQJWKH&LW\2ZQHUDQG&RQVWUXFWLRQ 2EVHUYDWLRQ&RQWUDFWZLWK1RUWKEURRN//&)UDVHU&RQVWUXFWLRQ&RDQG:6% $VVRFLDWHV,QFIRU3URMHFW1R-3XEOLF,PSURYHPHQWVWRVHUYH&DULERX &RIIHHDW5LYHU&HQWHU3OD]DLQWKHDPRXQWRI '6RXWK%URDGZD\52:4XLW&ODLP'HHGWR&LW\±&LW\3URMHFW-- 5HJXODU0HHWLQJ-XO\ $GRSWHG5HVROXWLRQ1RDZDUGLQJWKHFRQWUDFWIRU&LW\3URMHFW1R6:0 -QJZDOOLQDOOH\ULJKWRIZD\DGMDFHQW WRWKHHDVWORWOLQHRI/RW%ORFN&OLIIVLGH$GGLWLRQ ')XQGLQJIRU6WUHHW1DPH6LJQLQJDW7+&6$+ $SSURYHGWKHLQVWDOODWLRQIRU6WUHHW1DPH6LJQVRIWK$YHQXH6(DQG7RZQH &OXE3DUNZD\VWUHHWVLJQVRQVLJQDOPDVWDUPVDWWKHLQWHUVHFWLRQRI7+&6$+ 38//(')520&216(17$*(1'$ 3ROLFH2IILFHUDQG&62$SSRLQWPHQWV ,WHP'ZDVSXOOHGIURPWKH&RQVHQW$JHQGDIRUIXUWKHUGLVFXVVLRQ &RXQFLOPHPEHU:RMFLNFRQJUDWXODWHGWKHDSSRLQWHHVDQGTXHVWLRQHGLIQDPHV ZHUHFRUUHFW 5HJXODU0HHWLQJ-XO\ $SSURYHGWKHDSSRLQWPHQWRI-DNH0DW]&RUH\6YHHQ/XNH(ULFNVRQ$OH[ .HQGULFN$QGUHZ7LQGDKODQG$QMD(LFKLQJHUWRWKHSRVLWLRQRI3ROLFH2IILFHU DQG'DYLG'H]HOO5RJHU5XGVWURPDQG-DPHV3HUU\WRWKHSRVLWLRQRI &RPPXQLW\6HUYLFH2IILFHU 0D\R&LYLF&HQWHU&RQYHQWLRQ&HQWHU([SDQVLRQ3XEOLF$UW&RQWUDFW$SSURYDO %\FRQVHQVXVWKH&RXQFLOUHPRYHG'IURPWKH&RQVHQW$JHQGD &RXQFLOPHPEHU0HDQVPRWLRQHGVHFRQGHGE\&RXQFLOPHPEHU:RMFLNWR FKDQJHWKHFRQWUDFWQRQGLVFULPLQDWLRQVHFWLRQ &RXQFLOPHPEHU+UXVNDVWDWHGKHZDVQ &RXQFLOPHPEHU:RMFLNFRPPHQWHGWKHODQJXDJHFRXOGEHDGGHGWRIXWXUH FRQWUDFWV &RXQFLOPHPEHU&DPSLRQUHTXHVWHGPRWLRQEHUHVWDWHG &RXQFLOPHPEHU+UXVNDDVNHGIRUWKHZRUGLQJRIWKHFKDQJH &RXQFLOPHPEHU&DPSLRQVWDWHGKHZRQ WVXSSRUWFKDQJHDVWKHFRQWUDFWKDV EHHQQHJRWLDWHG &RXQFLOPHPEHU&DPSLRQPRWLRQHGVHFRQGHGE\&RXQFLOPHPEHU%LOGHUEDFNWR WDEOH$SSURYHG 5HJXODU0HHWLQJ-XO\ &RXQFLOPHPEHU+UXVNDTXHVWLRQHGDFWLRQWDNLQJSODFH$VVLVWDQW&LW\ $GPLQLVWUDWRU1HXPDQQUHVSRQGHG $SSURYHGWKHDZDUGRIELGVIRUWKH5RFKHVWHU<RXWK)DVW3LWFK&RPSOH[ ([SDQVLRQDWWKH5&7&6WDGLXP3URMHFW 5(68/7$'237('>81$1,0286@ 029(5 0LFKDHO:RMFLN&RXQFLOPHPEHU 6(&21'(5 1LFN&DPSLRQ&RXQFLOPHPEHU $<(6 6WDYHU&DPSLRQ+UXVND%LOGHUEDFN:RMFLN+LFNH\0HDQV 5HYRFDEOH3HUPLW1LFH5LGH0LQQHVRWD%LNH5DFNVDW3HDFH3OD]D ,WHP'ZDVSXOOHGIURPWKH&RQVHQW$JHQGDIRUIXUWKHUGLVFXVVLRQ &RXQFLOPHPEHU%LOGHUEDFNTXHVWLRQHGORFDWLRQ3DUNVDQG5HFUHDWLRQ'LUHFWRU :LGPDQUHVSRQGHG .LP(GHQVUHSUHVHQWLQJ1LFH5LGHSURYLGHGGHWDLOV &RXQFLOPHPEHU0HDQVFRPPHQWHG &RXQFLOPHPEHU:RMFLNFRPPHQWHG &RXQFLOPHPEHU&DPSLRQFRPPHQWHG &RXQFLOPHPEHU+UXVNDFRPPHQWHGDQGTXHVWLRQHGORFDWLRQ 0D\RU%UHGHFRPPHQWHGDQGTXHVWLRQHGORFDWLRQ &RXQFLOPHPEHU%LOGHUEDFNTXHVWLRQHGQXPEHURIELNHVDQGRIIHUHGIXUWKHU DVVLVWDQFHWRWKHSURMHFW &RXQFLOPHPEHU:RMFLNFRPPHQWHGRQRUJDQL]DWLRQVLQYROYHGDQGSURMHFW LPSRUWDQFH &RXQFLOPHPEHU+LFNH\FRPPHQWHGRQORFDWLRQ &RXQFLOPHPEHU&DPSLRQFRPPHQWHG &RXQFLOPHPEHU0HDQVTXHVWLRQHGORFDWLRQ &RXQFLOPHPEHU+UXVNDTXHVWLRQHGORFDWLRQEXW&LW\FDQUHYRNHSHUPLW &RXQFLO3UHVLGHQW6WDYHUVWDWHGWKH&LW\ VVXSSRUWIRUELF\FOLQJDQGTXHVWLRQHG ORFDWLRQ &RXQFLOPHPEHU%LOGHUEDFNVWDWHGORFDWLRQFRQFHUQV 5HJXODU0HHWLQJ-XO\ $GRSWHG5HVROXWLRQ1RDSSURYLQJWKH5HYRFDEOH3HUPLWDOORZLQJ LQVWDOODWLRQRIDELNHUDFNDWWKH3HDFH3OD]DQHDUWKH:HOOV)DUJR%DQNDQG 5&9%.LRVNIRUWKH1LFH5LGH0LQQHVRWD3URJUDP 5(68/7$'237('>72@ 029(5 0LFKDHO:RMFLN&RXQFLOPHPEHU 6(&21'(5 1LFN&DPSLRQ&RXQFLOPHPEHU $<(6 6WDYHU&DPSLRQ+UXVND%LOGHUEDFN:RMFLN 1$<6 +LFNH\0HDQV &DVFDGH&UHHN0XVVHO6XUYH\DQG5HORFDWLRQ -UHVHQWHGDGGLWLRQDOGHWDLOV 5HJXODU0HHWLQJ-XO\ &RXQFLOPHPEHU%LOGHUEDFNVWDWHGVXSSRUWIRUSURMHFW &RXQFLOPHPEHU:RMFLNVWDWHGVXSSRUWIRUSURMHFW $GRSWHG5HVROXWLRQ1R 5HJXODU0HHWLQJ-XO\ &RXQFLOPHPEHU:RMFLNVWDWHGKHZRXOGOLNHWRVHHWKH8QLYHUVLW\RI0LQQHVRWD 'HVLJQ7HDPVFRPPHQWVRQWKHSURMHFW,QDGGLWLRQVWDWHG3ODQQLQJ &RPPLVVLRQSURYLGHGJXLGDQFH 5HGHYHORSPHQW'LUHFWRU6SDHWKFRPPHQWHGRQWKH'HVLJQ7HDPUHYLHZ &RXQFLOPHPEHU:RMFLNFRPPHQWHGRQQHHGIRUUHYLHZE\'HVLJQ7HDP $VVLVWDQW&LW\$GPLQLVWUDWRU1HXPDQQFRPPHQWHGRQWKH'HVLJQ7HDP &RXQFLOPHPEHU%LOGHUEDFNTXHVWLRQHGGHVLJQVVKRZQ0U)UHHVHUHVSRQGHG &RXQFLOPHPEHU:RMFLNTXHVWLRQHGLIWKHUDPSPRYHVIRUZDUGZLWKRXWD %URDGZD\DW&HQWHU3URMHFW&LW\$GPLQLVWUDWRU.YHQYROGUHVSRQGHG &RXQFLOPHPEHU&DPSLRQTXHVWLRQHGPLVVLQJGHWDLOV0U)UHHVHUHVSRQGHG &RXQFLOPHPEHU+UXVNDTXHVWLRQHGIHQFLQJDQGVLGHZDONV0U)UHHVH UHVSRQGHG &RXQFLOPHPEHU&DPSLRQVWDWHGFRQFHUQVZLWKSUHVHQWDWLRQ &RXQFLOPHPEHU%LOGHUEDFNTXHVWLRQHGWLPLQJRISURMHFW0U6SDHWK UHVSRQGHG &RXQFLO3UHVLGHQW6WDYHUFRPPHQWHGRQWKHSURMHFWDQGGHVLJQ &RXQFLOPHPEHU+LFNH\VHFRQGHGE\&RXQFLOPHPEHU0HDQVWRDSSURYH 3UHOLPLQDU\3ODQZLWK&RXQFLOPHPEHU:RMFLNDQG&DPSLRQYRWLQJ1D\ &RXQFLOPHPEHU+UXVNDDQG%LOGHUEDFNTXHVWLRQHGSURMHFWGHWDLOVLI%URDGZD\ DW&HQWHUSURMHFWGRHVQRWKDSSHQ0U)UHHVHUHVSRQGHG &RXQFLOPHPEHU:RMFLNTXHVWLRQHGDOOH\52:XVH0U)UHHVHUHVSRQGHG &RXQFLOPHPEHU+UXVNDVHFRQGHGE\&RXQFLOPHPEHU+LFNH\WRDSSURYH)LQDO 3ODQ$SSURYHGZLWK&RXQFLOPHPEHU:RMFLNYRWLQJ1D\ $GRSWHG5HVROXWLRQ1RDSSURYLQJWKH,QFHQWLYH'HYHORSPHQW 3UHOLPLQDU\3ODQ5E\WKH&LW\RI5RFKHVWHU$GPLQLVWUDWLRQORFDWHG VRXWKRI(DVW&HQWHU6WUHHWQRUWKRIVW6WUHHW6(ZHVWRIVW$YHQXH6HDQG HDVWRIWKHH[LVWLQJ%URDGZD\3OD]DZLWKQLQHFRQGLWLRQV 5HJXODU0HHWLQJ-XO\ 5(68/7$'237('>72@ 029(5 0DUN+LFNH\&RXQFLOPHPEHU 6(&21'(5 0LFKDHO:RMFLN&RXQFLOPHPEHU $<(6 6WDYHU+UXVND%LOGHUEDFN+LFNH\0HDQV 1$<6 &DPSLRQ:RMFLN *5(62/87,216$1'25',1$1&(6 **)LUVW5HDGLQJ 5(68/7121( ** D 6HFRQG5HDGLQJ$PHQGPHQWWR&RGHRI(WKLFV2UGLQDQFH $Q2UGLQDQFH$PHQGLQJDQG5HHQDFWLQJ6XEGLYLVLRQRI6HFWLRQDQG &ODXVH(RI6XEGLYLVLRQRI6HFWLRQRIWKH5RFKHVWHU&RGHRI2UGLQDQFHV 5HODWLQJWR7KRVH:KR0XVW)LOH$&RGHRI(WKLFV'LVFORVXUH)RUPDQG:KDW &RQVWLWXWHVD&RQIOLFWRI,QWHUHVWZDVJLYHQDVHFRQGUHDGLQJDQGDGRSWHG 5(68/7$'237('>81$1,0286@ 029(5 (G+UXVND&RXQFLOPHPEHU 6(&21'(5 0LFKDHO:RMFLN&RXQFLOPHPEHU $<(6 6WDYHU&DPSLRQ+UXVND%LOGHUEDFN:RMFLN+LFNH\0HDQV ** E 6HFRQG5HDGLQJ$PHQGPHQWWR'RRU7R'RRU6DOHVSHUVRQ2UGLQDQFH $Q2UGLQDQFH$PHQGLQJDQG5HHQDFWLQJ6HFWLRQVDQGRIWKH 5RFKHVWHU&RGHRI2UGLQDQFHV5HODWLQJWRDQ$SSHDOIURPD'HQLDORID'RRUWR 'RRU6DOHVSHUVRQ3HUPLWZDVJLYHQDVHFRQGUHDGLQJ 5(68/7$'237('>81$1,0286@ 029(5 (G+UXVND&RXQFLOPHPEHU 6(&21'(5 0DUN+LFNH\&RXQFLOPHPEHU $<(6 6WDYHU&DPSLRQ+UXVND%LOGHUEDFN:RMFLN+LFNH\0HDQV ** F 6HFRQG5HDGLQJ$QQH[LQJ$FUHV2I/DQG $Q2UGLQDQFH$QQH[LQJWRWKH&LW\RI5RFKHVWHU$SSUR[LPDWHO\$FUHV RI/DQG/RFDWHGLQWKH6RXWKHDVW4XDUWHURI6HFWLRQ7RZQVKLS1RUWK 5DQJH:HVW2OPVWHG&RXQW\0LQQHVRWDDQG$SSUR[LPDWHO\** G 6HFRQG5HDGLQJ5HYLVH3DUNLQJ5HJXODWLRQVRQ+DUYHVW/DNH'ULYH1: $Q2UGLQDQFH$PHQGLQJDQG5HHQDFWLQJ2UGLQDQFH1R3HUWDLQLQJWR ([KLELWV'DQG(RIWKH+DUYHVWYHLZ,,6SHFLDO'LVWULFWZDVJLYHQDVHFRQGUHDGLQJ 5HJXODU0HHWLQJ-XO\ 5(68/7$'237('>81$1,0286@ 029(5 1LFN&DPSLRQ&RXQFLOPHPEHU 6(&21'(5 0DUN%LOGHUEDFN&RXQFLOPHPEHU $<(6 6WDYHU&DPSLRQ+UXVND%LOGHUEDFN:RMFLN+LFNH\0HDQV +7$%/(',7(06 +7DEOHG6QRZ5HPRYDO $GPLQ&LWDWLRQ6QRZ5HPRYDO$VVHVVPHQWV $GRSWHG5HVROXWLRQ1RDSSURYLQJWKH6QRZ5HPRYDODQG $GPLQLVWUDWLYH&LWDWLRQ6QRZ5HPRYDO$VVHVVPHQWIRU