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MINUTES <br />CITY COUNCIL <br />JUN~ 24, 1998 <br />The foregoing resolution was duly seconded by LaValle. <br />Ayes (5) Morelan, LaVa(le, Scllze, Fahey, Pedersen. <br />Nays (0). Resolution decllred adopted. <br />Mrs. Scalze introduced the followin~ resolution and moved its adoption: <br />RESDI,UTIONNO. 98-6-13-AUJOURNINC; "I'7lEMEET/NGOF <br />THE ECONOMIC DL vEC,OPMEN%' A UTIfORlTY AND <br />RECONVENING TflE REG(I] AR CITY COUNCl7 MEGTING <br />The fore~oing resolution was duly seconded by Morelan. <br />Ayes (5) Scalze, Morelan, Pedersen, LaValle, Fahey. <br />Nays(0). Resolution declared adoptetl. <br />RICE STREET/ The City Administrator reported that he has reviewed the proposed lease <br />LITTLE submitted by I{im Wise of Cinemarlc While the lease appears to work <br />CANADA ROAD from a financial standpoint, tl~ere are some structw~al problems with it <br />REDEVELOP- whereby Cinemark could choose not to go forward with the projeet after <br />MENT execution oftlie lease and development agreeme~~t Tl~e City <br />Administrator sugbested Chat if the City inoves forward and ~cquires land, <br />and Cinemark them decides not to go forward, they should reimburse the <br />City's costs. <br />The Actministrator indictiYed that he would lil<e to meeT next week with <br />Kim Wise to discuss the terms of the lease. If necessary, stlff is planning <br />to ~o to Dallas to fnllize these ne~otiations. <br />PUBLIC WORKS It was the co~~sensus of the Council that M1yor Fahey and Coui~cil <br />DIIt~CTOR Meinber Scalze will serve on 1 committee with tl~e City Administrator to <br />interview candidates for the position ofPublic Works Director. <br />ADJOURN Mr. LaValle introduced the following resolution and moved its adoption: <br />RESOI, UTION N0. 98-6- I55 - ADJO URNlNG <br />The foregoing resolution was duly seconded by Ma•elan. <br />Ayes (5) LaValle, Maelan, Fahey, Pedersen, Scalze. <br />Nays(0). Resolution declaretl adopted. <br />21 <br />