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Councilmember Cook stated he thinks this agreement is fairly well thought out, but he is not in <br />agreement with paying any of the interest out. He stated the City needs to tie down the projects <br />and developments beyond this area to be certain the City is able to take on the project costs. <br /> <br />MAYOR AND COUNCIL <br /> <br />NOlle. <br /> <br />ADJOURNMENT <br /> <br />The Work Session of the City Council adjourned at 6:53 p.m. <br /> <br />Respcctfully submitted, <br /> <br />James E. Norman <br />City Administrator <br /> <br />ATTEST: <br /> <br />Jo Ann M. Thieling <br />City Clerk <br /> <br />Drafted by Carol Itamer <br />?'imeSaver Off Sile Secretarial, Inc. <br /> <br />City Council Work Session/May 24, 2005 <br /> Page 5 of 5 <br /> <br />-35- <br /> <br /> <br />