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-4- had made an on-site inspection of the Walbon property to assure its continued conformance with City ordinances . City staff reported that a contracting business is still being conducted on the premises and as such does remain in conformance. It was agreed that the matter be dropped. Mr. Bowerman then related the concept review by the Board of the Hardee 's Restaurant proposed to be located between the American Legion Club and the Auto Shop on Kenzie Terrace. Mr. Bowerman stated that the Board was reluctant to encourage the plan since it might not fit into the comprehensive plan which is being developed; the proponents Messrs . David Guckenberg and Paul Gray doubted that, in this light, the company would pursue the matter further. Next on the Board' s agenda was a proposed revision of the seating capacity of restaurants in the Zoning Ordinance , proposed by the Administrative Assistant. While the Board agreed that a revision was needed to close a loophole on seating for sit-down restaurants, it was further agreed that the question and further specifics be researched through restaurant associations . Draft copies of the City' s Comprehensive Plan were distributed and the first work session of the Planning Board on the Plan was tenta- tively scheduled for July 31. Mr. Berg's assessment of the Minneapolis Comprehensive Plan will again be placed on the Board's next agenda. This concluded Mr. Bowerman ' s report and the scheduled public hearing for Industrial Development Revenue Bonds for Special Parts , Inc . was convened at 8 :30 p.m. City Attorney Bill Soth stated that all legal requirements concerning this proposal and hearing were in order to this point . Mr. Eric Anderson, from the law firm of Fredrickson, Byron, Colborn, Bisbee, and Hansec, made the presentation of the proposal on behalf of the owners of Special Parts , Inc. , Robert and Beverly Stafford. Mr. Erickson told the Council the firm is a manufacturer of precision parts for computers and airplanes. In regard to parking provisions at the proposed site h e stated it would be below code requirements, but that he anticipates no problems since there still will be more than one space per employee. The labor force is planned to be 48 people. The meeting was opened to questions from the audience. Mr. Brad Bjorklund, 3416 Roosevelt Street N.E. , asked the anticipated market value of the building and the land. Mr. Erickson responded that the land cost was $75, 000 and the building cost is anticipated to be approximately $1, 000,000 . Mr. Bjorklund then inquired what the possible liability to the City and its taxpayers might be. Mr. Soth stated that there will be no liability to the City and that no one can look to the City in case of default by the owners . The security is to be based strictly on that given by the developer. In response to the question on a call feature by Charlotte Olson, 3412 Skycroft Drive, Mr. Soth voiced the opinion that absence of such a feature should be of no concern to the City. Mr. Erickson went on to say that there is no intent to finance the land with the