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<br />Regular City Council Minutes - 11/24/03 <br />Page 16 <br /> <br />input and overall community representation. <br /> <br />Roll Call <br />Ayes: Maschka, Schroeder, I(ough, Klausing and <br />Kysylyczyn. <br />Nays: None. <br /> <br />Maschka moved, _ seconded, approved of the draft of <br />staffs response dated November 25, 2003 from the City to <br />Allina, encouraging relocation of their corporate <br />headquarters to Twin Lakes; incorporating language as <br />researched by Jim Casserly "City tax exen1pt financing <br />(pass-through bonding) or tax exempt revenue bonds (non- <br />general obligation revenue bonds) to the extent that is <br />legally and financially feasible." <br /> <br />Discussion ensued related to the vanous components of <br />the letter and consensus. <br /> <br />Al Sands, 2612 Aldine <br />Mr. Sands spoke in favor of responding to Allina as a way <br />of welcoming them to community if they want to corne; <br />but recommended that the letter not be as specific as <br />outlined in the current draft, particularly as it related to <br />con1mitting the City to use of condemnation proceedings. <br /> <br />With no else corning forward to speak on the Twin Lakes <br />Redevelopn1ent Project, Mayor Kysylyczyn individually <br />reviewed each section of the letter to determine consensus. <br /> <br />Discussion ensued as follows: <br /> <br />I tern 1 <br />Item 2 <br /> <br />No comment; consensus <br />Finance Director Chris Miller made <br />several distinctions in an effort to ensure <br />Council clarification of this Item and <br />ramifications to the City's bonding <br />reputation and implied endorsement. <br />Community Development Director Welsh <br />advised that further clarification of the <br />language related to the tax exempt <br />financing (pass-through bonding) be <br />