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Acting Chairperson Elvig commented he understands the value of the land exchange, but it needs <br />to be clear to the constituents that the issue has been resolved and the City realized a value. <br /> <br />The consensus of the Committee was to direct staff to research the needs of Holiday and Burger <br />King, to research the perceived values in the area of the possible land exchange, and to provide <br />further information to the Committee at a future meeting. <br /> <br />Mayor Garnet suggested Connexus consider options that would benefit the City and Cormexus in <br />resolving this issue quickly. <br /> <br />COMMITTEE INPUT <br /> <br />None. <br /> <br />ADJOURNMENT <br /> <br />Motion by Councilmember Jeffrey, seconded by Acting Chairperson Elvig, to close the regular <br />meeting of the Finance Committee. <br /> <br />Motion carried. <br /> <br />The regular meeting of the Finance Committee adjourned at 6:23 p.m. <br /> <br /> Respectfully submitted, <br /> <br />Diana Lund <br />Finance Officer <br /> <br />ATTEST: <br /> <br />Jo Ann M. Thieling <br />City Clerk <br /> <br />Drafted by Carol Hamer <br />TimeSaver Off Site Secretarial, Inc. <br /> <br /> Finance Committee / February 14, 2006 <br /> Page 6 of 6 <br />-12- <br /> <br /> <br />