Laserfiche WebLink
MINUTES <br />CITY COUNCIL <br />JUNE 20, 2011 <br />CONSENT <br />AGENDA <br />GRABA LOAN <br />AGREEMENT <br />Mr. Montour introduced the following resolution and moved its adoption: <br />RESOLUTION NO. 2011 -6 -122 - APPROVING THE CONSENT <br />AGENDA WHICH CONTAINS THE FOLLOWING: <br />*APPROVING THE VOUCHERS; <br />*APPROVING TEMPORARY ON -SALE LIQUOR LICENSE FOR <br />THE CANADIAN DAYS COMMITTEE FOR CANADIAN DAYS <br />CELEBRATION JULY 29 -31, 2011 SUBJECT TO COMPLIANCE <br />WITH THE CANADIAN DAYS BEER GARDEN POLICIES AS <br />OUTLINED IN THEIR APPLICATION; <br />*APPROVING THE RENEWAL OF SIX -MONTH TOBACCO <br />LICENSES AS RECOMMENDED BY THE CITY CLERK; <br />*APPROVAL OF ADMINISTRATIVE MODIFICATION OF TAX <br />INCREMENT DISTRICT NO. 5-1, ST. JUDE MEDICAL, AS <br />RECOMMENDED BY EHLERS ASSOCIATES; <br />The foregoing resolution was duly seconded by McGraw. <br />Ayes (5). <br />Nays (0). Resolution declared adopted. <br />The City Administrator presented loan documents which finalize the <br />City's agreement with Graba properties LLC. The Administrator <br />indicated that there are still a couple of issues to resolve. One is that the <br />NeatoScan lease is to have a 5 year term, and the lease submitted is for 3 <br />years. The second would be to clarify the available balance of monies <br />available under the loan. The Administrator recommended approval of the <br />Graba Loan Agreement documents subject to these clarifications. <br />Montour introduced the following resolution and moved its adoption: <br />RESOLUTION NO. 2011 -6 -123 — APPROVING THE GRABA <br />PROPERTIES LLC LOAN AGREEMENT DOCUMENTS SUBJECT <br />TO THE CLARIFICATIONS AS RECOMMENDED BY THE CITY <br />ADMINISTRATOR AND AUTHORIZING THE MAYOR AND CITY <br />ADMINISTRATOR TO EXECUTE THESE DOCUMENTS ON <br />BEHALF OF THE CITY <br />The foregoing resolution was duly seconded by Boss. <br />Ayes (5). <br />Nays (0). Resolution declared adopted. <br />11 <br />