DEVELOPMENT CORPORATION. 
          [00:00:01]
SO AS WE'VE DISCUSSED THIS ONE BEFORE THE
ONLY QUESTION WAS THAT WE HAD NOT PUT A PRICE TAG ON THE LEGAL SERVICES THAT THE CITY HAD
ASKED US TO PUT A PRICE TAG ON THAT. 
          SO OUR LAST DISCUSSION THERE WAS $150,000 WAS
AN ESTIMATE. 
          SO WHAT WE AGREED TO WAS TO WORK UP THE
AGREEMENT AT $350,000. 
          AND SO THAT NEEDS TO BE PRESENTED TO YOU ALL
FOR FORMAL ACTION AND THEN TO CITY COUNCIL FOR FORMAL ACTION AS WELL. 
          IN OUR BUDGET WILL BE CHANGED TO THREE TO THE
CERTIFIED 350. 
          WE WILL MAKE AN AMENDMENT TO TO THE BUDGET TO
PUT THE 350 ON AND ALSO TO HAVE OUR PROFESSIONAL SERVICES ITEM ADJUSTED AS WELL. 
          SO AND I CAN SEE THAT OUR BOARD MEMBER,
MARK MORAN, IS COMING IN, AND I'D LIKE FOR HIM TO KIND OF
HAVE A SEAT AND BE ON THIS. 
          SO WHAT YOU SEE. RIGHT. 
          WHAT WHAT YOU'VE DONE IS BASICALLY TAKEN THE
500 MINUS THE 150 THAT WE THINK WE'RE GOING 
          [1. Call Meeting To Order, Establish Quorum]
          [A. Prayer]
TO SPEND. SO IT'S STILL 500,
BUT WE'RE IT'S ONLY 350. 
          THAT'S FOR THE CITY SERVICES. 
          AND THEN THE 150 WE'RE PAYING OUR OWN
COUNCIL. 
          RIGHT OKAY. ALL RIGHT MARK WE ARE ON ITEM C C
CAN YOU BRING UP TO SPEED ON ITEM D. 
          THE STAFF RECOMMENDATION WAS TO APPROVE THE
AGREEMENT AS PRESENTED IN THE PACKET AT $350,000. OKAY. OKAY. SO STAFF IS
RECOMMENDING THAT WE 
          [B. Pledge of Allegiance]
THAT WE APPROVE AS PRESENTED TO US. 
          AND IT WOULD BE 500 MINUS THE THREE 5,150%.
* This transcript was compiled from uncorrected Closed Captioning.