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2015/03/25 Council Minutes
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2015/03/25 Council Minutes
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4/6/2015 9:15:07 AM
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Council Minutes
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3/25/2015
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March 25, 2015 <br /> Roll was called with all council members voting yes, except Council <br /> Member Moore who was excused. <br /> Motion carried. <br /> AGREEMENT — NEW MARKET TAX CREDITS <br /> Moved by Council Member Roberts, seconded by Council Member <br /> Tuohy, to authorize the Mayor on behalf of City of Everett CDE LLC <br /> and its subsidiaries to take all actions and execute all documents <br /> necessary to close Loan #6. <br /> Council Member Murphy recused himself from any discussion or decision <br /> on this item due to his employment by and ownership interest in Goldfinch <br /> Brothers, Inc. He explained that Goldfinch Brothers, Inc. was not seeking <br /> a loan; however, a related company called Goldfinch Properties LLC is an <br /> applicant for a new markets tax credit loan. He stated that although he <br /> has no ownership interest in and receives no income from Goldfinch <br /> Properties LLC, he felt it best to recuse himself. <br /> Council Member Murphy left the council chambers. <br /> Roll was called with all council members voting yes, except Council <br /> Member Moore who was excused and Council Member Murphy who was <br /> recused. <br /> Motion carried. <br /> Council Member Murphy returned to the council chambers. <br /> AGREEMENT — SMITH ISLAND / UNION SLOUGH RESTORATION <br /> Moved by Council Member Tuohy, seconded by Council Member <br /> Roberts, to authorize the Mayor to sign the Professional Services <br /> Agreement with ICF Jones & Stokes, Inc. for the Smith Island / Union <br /> 81 <br />
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