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5. Consider request from Port Crossing for an amendment to Development Agreement <br /> extending the interest receipt term by three additional years. <br /> Mr. Hawes presented an agenda memorandum to the board with regard to amending the developer's <br /> agreement with Port Crossing to increase the number of years for interest earned on the public <br /> improvement cost expenses from five years to eight years. The board discussed the matter and asked <br /> several questions. Upon a motion made by Director Porter, and being seconded by Director <br /> Turnquist, the board unanimously approved the amendment to the developer's agreement. <br /> 6. Consider approval of invoices. <br /> Mr. Hawes presented the invoices. Upon a motion made by Director Leopard, and being <br /> seconded by Director Antone, the board unanimously approved payment of the invoices. <br /> 7. Board comments -- -None were offered. <br /> 8. Adjournment. The Chairman adjourned the meeting at 7:16 PM <br /> 411/ <br /> SIGNED: -'�"a. ATTEST: / ;/✓ ,�� 1��/_r'�� . <br /> /// <br /> TITLE: 4F' 3 TITLE: S' C' 1 tTKZ 3 <br /> • <br /> DATE: I lilt DATE: ?/ (1/ I) __ _ <br />