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HomeMy WebLinkAboutJan 28, 1982Official ?roceedings Columbia Heights City Council Special Meeting January 28, 1982 The meeting was called to order by Mayor Nawrocki at 8:00 pm. 1. Roll Call Hovland, Petkoff~ ¼entges, Nawrucki--present Norberg--absent Purpose of the Meetin9 To consider third amendment to letter of credit agreement with Terry Evenson The City Attorney explained why this amendment to the letter of credit for Terry Evenson is being requested. It will accomplish two things: extension of time to April 1, 1982 for completion of the lease agreement and management agreement on the parking facilities; it would remove the letter of credit from the absolute default provision and put it under Section 8 which affords the option not to call in the bonds. Discussion followed regarding the parking facilities and the policy that is being developed for the parking in the Downtown Development area. Motion by Hentges, second by Hovland to approve the third amendment to the letter of credit agreement with Terry Evenson for the Downtown Development Project and to authorize the Mayor and City Manager to enter into an agreement for same. Roll call: All ayes 3. Adjournment Motion by Hentges, second by Petkoff to adjourn the meeting at 8:20 pm. Roll call: All ayes Bruce ~ Nawrock~, Mayor Student-, Council4- Secretary ~6-Anne ~-~