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youth ~c~~d lc~devca~~~ent `on~xr~ision <br />Rescheduled Regular ~eetln~ -November ~, ?~~ <br /> <br />.. .D~u~as ~o~~ .~c~~~a.~~ De~~~o~e~t .~~'ea <br />1.JL f Y.-~~~~~~4i ~4~a~A6 <br />~re'~Ae re~.dy to ~o ~~~ it, Tl~ere' ~~ fc~~-~~a of <br />dc~clap~~lent arecz~~cnt an the agenda far <br />a~praval v~hlch stipulates a trn~ell~~e for tie <br />develol~rne~7t. At ~ ~:~~ a.l~~. this rr~arr~ln <br />~:~. Peterso~~ ~eeeive~l ~ ~~~11 fra~~~ c~o~~a~sel far <br />Holladay ~~far~~~i~~ l~i~~~ tl~cy .re not. illi~~ <br />to can~n~lt to doir~ developt~~ent ley ~ 1 ~.~ <br />tl~e ~evalaplne~~t arcel~~ent stipulates. "~l"1€ey~ <br />dol~'t ~~~~~~t ~ til~~eli~7e, arid, o~~ce tl~e <br />de~ei.ap~~~e~~t ~~ eo~.~str~~cted, trey v~a~~t to <br />i~~~~~~cdiate~ly be released fra~n their <br />~r~.ara~~tees in the ~io~~z~~~e~~t. <br />~ccar~se afthe dap i~~ prapet~ty tai ~`u~~cli~~, <br />~~~~~ ~~ to lave suf~c~e~~t ~'er~e~~~~es to ~~~akc the <br />bated payments, tl~cre ~~as to be an assessment <br />date end tl~e~~ wait r~~~til tl~e p~y~r~e~~t is d~;~e, <br />so eve u~ere ~illi~~ to release the ~~arantee, <br />but nat unt11 tl~e funds are actually available. <br />Tl~e second t171r1~ is tl~ey wanted a tl~~rd ~a~~y <br />to ~~ al~o~ed to ~~ake ~~~ i~~vest~nex~t, not <br />l~olladay, a~~d have it count tov~ard their <br />cammit~nent. e were ~i lung to agree a <br />long as t~.e area cold a.ec~~r~ul~te ~.~~ <br />assessed value, but Svc caret take a <br />represe~~tation 'ram a third party as t~ its <br />itavest~~~e~~t ~~~ a p~'e~eet. ~t leas to be <br />objective, based are the assessed value tl~~t <br />tl~e a~d~to~ pets ors ~t, ~~t what s~r~.eone else <br />says trey spe~~t on a prod ect. They n~i~ht <br />co~~str~e~ ~ bu~~d~n o~~th 5~0,~~~, but they <br />p~~t ~~~,~Oa ofoft costs in that isn't <br />assessable. That isn't a ~~~~~~~~~~ da~iar <br />p~o~ect, :~oiladay was ~~ot willing to give on <br />tllat. <br /> <br />