Laserfiche WebLink
<br /> DRAFT <br />ARDEN HILLS SPECIAL CITY COUNCIL, JANUARY 20. 1998 2 <br />that if the Gateway Business District (GBD) project continued to experience delays, the . <br />possibility existed that the City would need to have their bond rating recertified. <br />MOTION: Councilmember Malone moved and Councilmember Aplikowski seconded a <br /> motion to authorize the City Administrator to notify the developer that if, due to <br /> continuing delays in property transaction closings and executing the necessary <br /> documents the City needed to recertify their bond rating, Welsh Development <br /> Corporation LLC would be responsible for any additional costs for this <br /> recertification. The motion carried unanimously (4-0). <br />ADJOURN <br />With no further business to be transacted, Acting Mayor Hicks adjourned the meeting at 4:55 <br />p.m. <br />Dennis Probst Brian Fritsinger <br />Mayor City Administrator <br /> . <br /> . <br />