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MiNUTES <br />CITY COUNCIL <br />FEBRUARY 25, 1998 <br />The Administrator reported that the City began discussions with Cinemark <br />last July/August. Kim Wise of Cinemark has been slow to respond to the <br />City. However, Wise has indicated that it will take 60 to 90 days to <br />complete negotiations on the Development Agreement. Cinemark will <br />need to si~n off on that development agreement. If negotiations do not <br />move along with Cinemark, then the City will commence discussions with <br />other theater groups. <br />The Administrator anticipated that he would have a draft Development <br />Agreement ready for review by next Wednesday. <br />It was the consensus of those present to schedule another workshop <br />meeting for Wednesday, March 4'~', at 6 P.M. <br />There being no further business, the workshop meeting was adjourned at <br />7:37 P.M. <br />I. Fahey, <br />Hanson, City Administrator <br />10 <br />