Laserfiche WebLink
<br />other issues. <br /> <br />e. Clarification of S & W Agreement issues at no cost to the City, as well as resolving any <br />potential issues with the credits given to Sweetwater, also at no cost to the City. <br /> <br />f. An understanding of future development obligations by both parties. <br /> <br />We have commenced our foreclosure proceeding and have a Sheriff's sale scheduled for <br />September 30, 2009. After that date there is a six-month redemption period, but by probable <br />agreement with Oakwood, lot sales will continue. Weare prepared to meet as necessary to <br />complete a prompt resolution of the issues. <br /> <br />CITY RESPONSE: <br /> <br />City Staff and the Bank are continuing to discuss these issues. The City's response will be <br />formulated based on final discussion with Bank representatives and City Council <br />discussion/directives. <br /> <br />9 <br />