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is happening as far as airport development is concerned. <br /> <br />Mr. Goodrich replied that the new property owners would not suffer any <br />consequences; in the event of airport develounent, the City would have to <br />acquire and reimburse then for the property. <br /> <br />Mr. Ippel stated that with just the two new homes under construction, the City <br />would be looking at an additional $200,000 in aoquisition costs. <br /> <br />Mr. Goodrich stated that even sending a letter to the existing property owners <br />would oonstitute that the City is taking an option on their land. <br /> <br />RECESS <br /> <br />Council recessed this meeting at 11:40 p.m. <br />7:30 p.m. <br /> <br />Respectfully submitted, <br /> <br />Sylvia Frolik <br />Council Secretary <br /> <br /> until Tuesday, April 16, 1985 at <br />~~~t~dmlnistrator <br /> <br />April 9, 1985 <br />Page 14 of 14 <br /> <br /> <br />