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Regular City Council Meeting Monday, June 08, 2009 Page 14 Further discussion included clarification for the Moghul's of the process for issu- ing aCitation; their need to continue steady resolution of the non-compliance is- sues; and appreciation by the City Council, and their neighbors, for the property owner's completion of the project. Councilmember Ihlan spoke in opposition to the motion; opining that the property owner was making a good faith effort to complete the work. Roll Call Ayes: Johnson; Pust; and Roe. Nays: Ihlan. Motion carried. d. Set Bond Sale Date far Issuance of Housing Improvement Revenue Bonds for Westwood Village I Acting City Manager/Finance Director Chris Miller reviewed the process for scheduling a bond sale date for issuance of Housing Improvement Revenue Bonds for Westwood Village I. Discussion included timing of the 45 day objection and prepayment period ending July 23, 2009 and the proposed Bond Sale Date of July 20, 2009 and no apparent conflicts indicated; and communication between the City's financial bond con- sultant Springsted, and those probable bidders throughout the process. Johnson moved, Roe seconded, adoption of Resolution No. 10713 entitled, "Reso- lution Providing for the Competitive Negotiated Sale of $1,660,000 Taxable Gen- eral Obligation Housing Improvement Bonds, Series 2009A " on 7/20/2009. Councilmember Ihlan spoke in opposition to the motion; opining that it was not right for the City to issue General Obligation bonds for this purpose; and that it would be setting a precedent. Acting Mayor Roe opined that setting of precedent was tested by the will of any given City Council and any given issue before the City Council. Acting Mayor Roe noted that, to-date, there had not been a flood of people requesting HIA's in the four years such an option had been available and during consideration over the last four years of this issue by the City Council; and opined that it was reasonable to proceed in this manner and deal with resulting requests, if any, as they arise. Councilmember Ihlan opined that her concern about setting a precedent was not whether the Council authorized additional HIA's in the future, but a policy to rea- sonable decline doing so; and further opine that with this action the City Council was opening up the City to that potential without forethought.