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MINUTES <br />CITY COUNCIL <br />MARCH 8, 1995 <br />development, however. <br />Pedersen pointed out that the first he heard of the <br />Welsh Company's interest was Monday evening. <br />Collyard pointed out that he submitted a list of <br />development partners two weeks ago. Since then he had <br />been interviewing these companies to determine what <br />would be the best team. <br />Pedersen stated that it becomes a concern when Collyard <br />states that he has talked to various people, and the <br />City finds that their perspective of the conversation <br />is not the same as what was related to the Council. <br />Pedersen pointed out that there is a credibility issue <br />present. Pedersen felt that the development proposals <br />presented by Collyard have been too much of a moving <br />target. Pedersen pointed out that now Collyard wants <br />the City to say he is the developer for the project, <br />and the City does not know what it wants in terms of <br />the project. Pedersen again pointed out the <br />credibility issue that needs to be addressed. <br />Fahey indicated that he did not want Collyard informing <br />business owners that he is representing or acting on <br />behalf of the City. Fahey wanted it clear that the <br />City is not considering condemnation or is not working <br />to strip away tenants from one shopping center for <br />another. The City will work on the redevelopment of <br />Rice Street in an orderly and above-board way to end up <br />with a win/win situation for everyone involved. <br />Collyard replied that he has not indicated to anyone <br />that he represents the City. <br />LaValle pointed out that the project has been discussed <br />for over a year. LaValle also noted that the City does <br />not have and has never had a development agreement with <br />Mr. Collyard or The Venetian Development Corporation. <br />LaValle indicated that the Council feels the <br />consultants' group should be hired to put together a <br />development framework. LaValle pointed out that Mr. <br />Collyard has never produced any numbers to back up his <br />development proposals. LaValle indicated that he has <br />asked about signed purchase agreements and for numbers <br />on the projects. LaValle stated that he was sure the <br />consultants should help the City to put a project <br />together. The consultants' group will be representing <br />20 <br />