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06-24-1991 Council Packet
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06-24-1991 Council Packet
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6/24/2024 11:14:59 AM
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'fi <br />S: <br />r>i' <br /><r‘/ ■'- <br />f.* <br />af'iv <br />j# <br />r'’-'‘ <br />Sr. ^.*'. <br />:v-- . - V •• • > ^ <br />#■w^-- <br />i¥v <br />'••K- <br />$530,000 with the interest for that principal being $450,000 for <br />a total just under $1 million over 20 years. <br />C Eoua] Dollar Value as ^ ^ Crystal Bav (escalated for C?I) <br />— This wo uT3 resu 1 1 in a principal of $375,000 and an interest Ot <br />$300,000 for a total of $575,000 in 20 vears. <br />o ritv Pavs All Project Costs - To warrant such an expenditure <br />Council woulSriiicely want to amend the Comprehensive Plan to <br />reflect this major change in philosophy. <br />ALTERNATIVES - <br />I33ue #1 - Summary of meeting questions and responses. <br />A. Accept <br />B. Comment. <br />C. Suggest policy or change direction. <br />Issue #2 - Process. <br />A. Undertake process as proposed. <br />B. Utilize the Crystal Bay "Process <br />C. Develop a different process. <br />D. Take no action. <br />E. Stop the project consideration. <br />Issue #2 - Letter Draft. If the process is undertaken: <br />A. Make any amendments prior to transmission. <br />B. Direct iu not be sent. <br />C. Table for further consideration. <br />Issue #4 - City Contribution to the Project. <br />Decide on an amount. <br />1. No contribution. <br />2. Equal percentage to Crystal Bay. <br />3. Equal dollar value to Crystal Bay <br />4. Selection on some other basis. <br />5. Table discussion. <br />'ftv-
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