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2007_0618_packet
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Roseville City Council
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Date: 6118/07 <br />Iiem: IO.f <br />Twin Lakes Letter of Credi <br />Motia� by Co�.�cil Membe� �hl�n <br />Re: Twin Lakes Le�ter of C��dit Proceeds Financial 5f.aternen� Prese�ta�ion <br />Tha� �.he co�u.ncil direct staff to inser� footnotes to the City af Roseville <br />Compre�aer� siv� A�az�uaJ Financial Repo�� �'or the �'iscal yeaz- eza ded D�c��ber 3�, <br />2Q06 orz pages 24, 2�, 33, 36 �d �.09, correspoza.d��.g to each ref�rence �.o <br />p�-oceeds drawn frorn th� Tvvc�in Lakes devel�pers' letter o�` c�ed��, sta�izag as <br />foliovvs: <br />The C�ty's proceeds from the let�er a�' credat are disputed i� pe�dang J.i�zga�ian <br />(Raseville Twin Lakes LLC v. Cz of Rosevi�l� and Nor�h Arne��can Ba�kin <br />CQnrzpar�y, Rarr�sey Cauniy Dist�ict Caurt Fi�� No. C7-D6 �.256�). <br />
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