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Regular City Council Meeting — DRAFT Minutes <br />Monday, April 23,2007 <br />Page 7 <br />� Councilmeinber Pust, speal�ing on behalf of the City's Housing and <br />�? Redevelopment Authority (HRA), expressed pleasure that the devel- <br />�� oper was considering the project, and noted that neither she nor the <br />� HRA had any concerns about the project or bond issuance. <br />� <br />�� <br />,� <br />� <br />Councilmeinber Roe opined that he was lool�ing forward to consider- <br />ing the project. <br />�� Mayor Klausing noted that he had looked at the language of the pro- <br />1[� posed resolution and observed that the City had done similar conduit <br />1= financing previously; and spoke in support of the objectives the de- <br />1? veloper was trying to achieve. <br />1 �? <br />l� Councilmember Ihlan opined that she had no problem scheduling the <br />1� hearing; but was reluctant, without additional documentation, to give <br />1� preliminary approval, but expressed her interest in reviewing the pro- <br />1 �� j ect. <br />1� <br />14 <br />�� <br />2i <br />�� <br />�� <br />�� <br />�� <br />�� <br />Pust moved, Roe seconded, establishing a Public Hea�ing fo� May 21, <br />2007, pu�pose of issuing app�oximately $6 Million in tax-exenzpt <br />�evenue bonds, fo� Centennial East Limited Pa�tne�ship; and giving <br />p�elimina�y app�oval to the p�oject, and autho�izing an application <br />fo� bonding autho�ity, and autho�izing the p�epa�ation of necessa�y <br />documents and mate�ials (Centennial Ga�dens East P�oject). <br />Roll Call <br />�� � NOTE: <br />� t� Refer to Council action by resolution later in the meeting <br />�.� �otrow� xo;�}. <br />.�U Ayes: Ihlan; Roe; Pust and Klausing. <br />31 Nays: None. <br />:�� <br />�� <br />�� <br />3.� <br />��� <br />�'f <br />�� <br />�� <br />b. Quit Claim Deed — Approve a Quit Claim Deed Transferring <br />Land back to Nature View of Roseville Town Home Association <br />(former Consent Item 7.e) <br />Community Development Director John Stark summarized the staff <br />report dated April 23, 2007 regarding the request to re-record correc- <br />tive documents deeding the common area at Nature View of Roseville <br />to the homeowner's association. Mr. Stark noted that this was an in- <br />