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<br /> City Council <br /> (Cunt°d,) <br /> January 23, 1980 <br /> Councilman Dei3a,ce stated tkrat he eras not ready to dec~.de on a, developer <br /> tonight, Councilman Fahey stated that ';,he Council could appoint there <br /> or request tkrem.to be developer tonight subject to "the City°s establishing <br /> control of tkre site. I:£ the City cannot g;et control. of the land by <br /> the :March 31., 1980 deadline,, then all parties are released From any <br /> obligation, <br /> Councili'nan DeBace was concerned that their rnigh't be conditions <br /> attached. to "the Funding. Councilman Debase also stated thaB 'the <br /> City would be requesting the Contmun:ity i)evelopntent Cor;Noration to <br /> be developers no matter vahere -the site was, <br /> JeDace asked Bice hour much rnon~;y per unit vrould be allowed for the <br /> Land, Rice replied `w1,500.00 per ttnit for land. On a 60 unit <br /> development, this would alloy about :;,90,000,00 for the purchase of <br /> the land. <br /> Fahey stated 'that if th.e land cost the Ciby more, "the City caou:Ld just <br /> have to pick up the difference. <br /> 1'ahey stated that he vrould mai.e a motion selecting the Community- <br /> Development Corporation as the Ca.ty° s Section >r`2C2 developer but <br /> vrould restrict 'the site to the Scheier property and i.f "the City <br /> could not get 'this property, 'then there vrould be no obligation on <br /> -the City'°s part to "the Community Development Corporation, <br /> I~ir. Fahey :}.ntrodttced the following resolution and moved its adoption: <br /> ttFNOLOT10i`7 N0. 80a1-50 - SI1LECzIP7G COI°INiUNITY DliAELUPi2;l~T. <br /> COk2k'O!'.A'1'CCiV :>S `1'II?'; S]i;C`i'IUD! `202 DisVL~LOPER E'UIt `I'It~ CIlY <br /> OF LITTLI'. CANADA P'UR A Sk:NSOR Cl'}:I7.L,N APARTP~II~NT COt4Pa;L:£ <br /> COPd`alE)TTidG OF VU UPIITS J'0 :1>E lVt'1,UYI~D OIV THi:; SCIIi:CJ3It <br /> PItOPliI),T'Y 6dI'lI A T~ET'P:iali 9.'0 I?li :iPsDIT TO Tllt)li IZli4ZUluTTir°G 1'tllsi+i <br /> TU i31s OUR SPUN80tthD D}VfsLOPER OIQ TFIh PROJECT SU13Jli.CT. TO <br /> '.I'IIE CITY°S SUCCuSFULLY L:aJ'A"t3liISIIINC CONI'RUZ OF TIIE STJ' <br /> DY TH, APPLI.CATTOAk D11:9DT.Iid'E OE' PflARCII 31, 1980 <br /> The Foregoing resolution was duly seconded by I°Irs. Scalze. <br /> Ayes (4) Fakrey, Scalze, Hanson, Uek'sace. <br /> idayes (0). <br /> Resolution declared adopted. <br /> `Phis resolution appearsin 'desolution 73ook ISo. i, Ya„es 26 and 27. <br /> Councilman :DeLaee stated that he would like the Cornnrunity Deve:l.oprnent <br /> Corporation to consider IV~ick I'dichols as the mortgage banker, t•Lr. <br /> race stated t'rta'i; he v;oul.d find out vrhat P~ir•. Nichols has done in this <br /> area., <br /> I•'}ayor Hanson stated that the Council vrould continue discussion on 'this <br /> topic a:t tornorroT.•r night°s special meeting, (<ir. Fahey asked the City <br /> Clerk to notify the Planner 'that this subject ca'ould be d_Lscussed. <br /> Page _~p <br /> <br />