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<br />increases the cost of ski hill construction and/or operations should be <br />substantially reduced or eliminated. <br /> <br />Mr. Otter statea that Waste Piiliagernent is looking for assurance tha: future <br />~y City Council would not impose any restrictions on the ski hill <br />operation that would deter the econanic value or operation of the facility. <br /> <br />1-":. Goodrich statea that $100,000 might be a more realistic figure fran the <br />C:ty's standpoint. <br /> <br />Mr. Otter replied that if he invests $1,000,000 and things are imposed on <br />that investment that cause it to be put out of business, then $100,000 is <br />not much ranedy. <br /> <br />COlD1cilnenber DeLuca i~uired as to what would constitute a default on the <br />City's p:lrt, causing those damages to be p;id. <br /> <br />Mr. Otter stated that none of the City's standard policing rights of that <br />facility ~'ill be taken away by this agreement. <br /> <br />. <br />Mr. Goodrich stated that a default would be an event in which the City <br />imposes certain requirements on the project which will substantially <br />increase it's cost of oferat.ion. Tnis provision assures the operator that <br />the City ~'ill not be able to do much in regulating this particular parcel <br />as 'project' is defined as including vertical expansion necessary for <br />oferation of a ski hill. <br /> <br />Mr. Otter stated that limiting the amount of investment he can retrieve if <br />sanething hapfens prevents him from investing too much in the ski hill <br />~ .~. <br />.l..ac:..LJ.~Y . <br /> <br />Motion bv COuncilmenber Cox and secondec bv Councilmember DeLuca to ameno <br />,.;aste ?-~9ement of ~ti.nneso-:.c., Inc.' s pro?)sal for C:. ski hill by reaucing <br />the liouidated damaoes referred to in Section 6.04(c) to $300,000. <br />Further: to enter into the developnent agreement \dth Waste l'.anagement of <br />l-ti.nnesota, Inc. as presenteo ~"1d amenDed. <br /> <br />Further Discussion: Mr. Otter notee that the $300,000 is a maximum figure; <br />the City woulcLonly be liable for the amount of investment incurred, up to <br />.$300,000, at the time of the default. <br /> <br />.. <br />Motion carried. Voting Yes: J>I'.ayor Reimann, Councilnembers Sorteberg, Cox, <br />IP-Luca ana Pearson. Voting No: None. <br /> <br />Ccse *7: Reguest For Conai tiona' Use Perini t To Construct AT'1o O::>erate <br />A Recreation Center A'1C To Construct An AOver=isLT'1C Sion~ <br />case Of Mr. D~,yic Haua."1: <br /> <br />}~. David Bauan was present reouestino. e conditionel use permit to <br />construct and operate c recreation center anc an advertising sign to <br />advertise the center. <br /> <br />M8tion by Co~cilrnernbEr Sorteberg ana seconded by Councilmember Cox to <br />City Co~'1cil/April 26, 1988 <br /> <br />Page 7 of 12 <br /> <br />Ij~ <br />