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City Council Regular Meeting - 05/09/05 Minutes - Page 9 honoring Dr. Cornelius Van Doren; scheduled for Tuesday, May 17, from 2:00 - 3:30 p.m.; at which time the proclamation adopted earlier in tonight's meeting will be presented by Mayor Klausing. Mr. Goedeke also complimented and expressed his appreciation to the City Council for their decision-making related to difficult issues and encouraged them to "do the best you can." 4.b Approve Contracts/Purchases in Excess of $5,000 (Former Consent Item 3.b) Councilmember Kough expressed his concern with payment to Krass Monroe for expenditures that may be the responsibility of the developer. Discussion included reimbursement by the developer upon pending Council approval or denial of a Master Developer Agreement; authorizing resolution previously enacted outlining cost-sharing responsibilities; prior document by staff and consultants of expenditures; interpretation of the City's Tax Increment Financing (TIF) policy and TIF application of Rottlund Homes; and the receipt by the City of financial analyses and information from Krass Monroe as directed by the City Council. At Mayor Klausing's request, City Manager Beets provided a brief summary of costs for the items not related to Krass Monroe billings; and noting that these items had not been paid to-date. Mayor Klausing recommended approval of three of the bills, with the exclusion of the two Krass Monroe billings as itemized below: Vendor Item/Description Amount Krass Monroe Twin Lakes financial analysis 5,439.90 Krass Monroe Twin Lakes Tenn Sheet 12,361.05 preparation Mayor Klausing directed staff to return on May 23, 2005 with the Krass Monroe billings; along with supporting Contracts & Purchases in Excess of $5,000