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5 <br /> January 5,1983 <br /> r:9 <br /> r,111 <br /> Mr.Slatten then commented that he felt that interest rates were 1 <br /> a crucial factor in affordable housing and!suggested that the .9 11 <br /> City hold off on this project until it was determined what the <br /> federal reserve was going to do about interest rats. !, <br /> .rOF <br /> Tanis Marsh,Planning Commission member,staked they would <br /> soon begin working on a revieed comprehensive plan and on growth <br /> management policies. She asked that they be kept abreast of <br /> what..baking Place and be allowed input. She asked for direction <br /> to avoid the Committee having to come back and redo some of the <br /> policies they had done. <br /> Councilman Aldcroft pointed out the motion was to support the <br /> joint venture and the resolution to be prepared would come bask <br /> to Council for discussion and review. <br /> Councilman Overstreet asked when this would be brought back to <br /> Council and President Pope replied in 2-3 weeks. 11-I <br /> President Pope said he would be appointing 2 Council members to <br /> serve on a committee for this project. <br /> Roll was called on the motion with all Councilmen voting yes. ,s. <br /> Motion Carried <br /> motion the meeting adjourned at 9:90 <br /> City Clerk 11:1.'1!1 <br /> 4480480 approved as printe <br /> President <br /> A91:, <br />