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02-26-1990 Council Packet
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02-26-1990 Council Packet
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1 waiv'^s are. X« ana ,o topxans ana nP ^ ,-eas2t^,aa^p;c?ar a^J^r/ntj,fniiTir. ^i"=r rsiipia..1. - r~ .W'.C^^jpa Nuiabnr o£ ^E£—rPcpgsonnt t® naan*^fuicatton has bean ptven the ..otitts appeals-fexVa^rn has been P^en ^ J he CU. <br />l^r„naetea on not.^ ^^„tra=ts <br />=;-;;;;r„th.ent^c^ <br />oarticipate <br />Van t»e made: <br />,or to the letter hearing or <br />the time o£ the sped ^ ,e„t <br />, -osts - rot nine^oht of the <br />S^- rlicipated, due “^^^g^hat paid <br />Twill- -y\gfs is in U.^^V's) Bas'd on thisinvolved. P’’^^^|Vtr ibution to:Tonta“Se^i aaaltional oon <br />.. „f rrvstal BaX <br />f the Project 9l-.-~-^f;^tal Bay <br />eroentaat S^'i^ren^a ,^^"|aj:ent’'«ouia be <br />j^^ofn't o. "the Ptubbs Bay <br />$530,000 with the interest for that principal being $450,000 for a total just under $1 million over 2C years.C. Equal Dollar Value as for the Crystal Bay (» .alated for CPI) - This wouT3 result in a principal of $3'#5,OCO^^n'B an interest of $300,000 for a total of $675,000 in 20 yearsD. City Pays All Project Costs - To warrent such an expenditure Council would likely want to amend the Comprehensive Plan to reflect this major change in philosophy.ALTERNATIVES -Issue #1 - Summary of meeting questions and responses.A. Accept.B. Comment.C. Suggest policy or change direction. <br />Issue 12 - 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 »3 - Letter Draft. If the process is undertaken: <br />A. Make any amendments prior to transmission. <br />B. Direct it not be sent. <br />C. Table for further consideration. <br />Issue #4 - City Contribution to .roject. <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. Sel^^-tion on some other basis. <br />5. Table discussion.
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