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'REQ4EST FOR COUNCIL ACTION DATE: 7-25-89 <br />Department Approvial: Manager Reviewied: Agenda Sect ion: <br />-.Pw-=*- Hearings <br />itlem Descripti761n: Authorization to enter into developmen-C <br />agreement with Can-American, <br />This agreement is structured on a 1pav-as-vou-g approach., and thus <br />is structured, to be virtually risk free for tile city. A summary of <br />11 <br />the ciurrenti proposal is, attached. <br />COUNCIL ACTION REQUESTED: Motion to approve/deny authorl'zation to <br />enter into development agreement wilth <br />Can-Amerlocan. <br />