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45 Road, plus acquisition of property around the site. Councilman Henderson asked how the objectives and policies of City had been determined and was advised that such Council action as the adoption of the Down- town plan, and similar expressions of Council goals had provided guidelines. Councilman Henderson also questioned intent concerning staging and financing plans — for development of project. City Manager advised of the funds that had been placed in reserve for past several years in a General Building Fund which would provide funding for the first phase of corrections to the Corporation Yard, and which he had recommended in the current budget; however, this would be reported on by City's financial consultants in con- sidering the all-over development program. Councilman Petersen moved to accept the Report and direct the Staff to report back with recommendations for staging and financing, seconded by Councilman Keckley. Councilman Bury asked whether Consultants would be available for further ques- tioning and was advised by City Manager their services were considered terminated with submittal of this Report. Mayor Herkner questioned recommendation intended for Chamber of Commerce building, and was advised of the relocation recommenda- tion made in the report, but decision needed by Council on such matters. Councilman Henderson asked whether copies of the Report would be available for public review and was advised Reports would be made available in public library, Chamber of Commerce, and City offices. (Memo 5/2/67) Councilman Petersen questioned whether extra costs would be involved if EBS con- sultants were asked to appear again for further clarification and questioning of the Report, and was advised by Mr. Davis this could be covered within reason. Mayor Herkner asked if Council would recommend a special meeting for further dis- cussion of this subject matter, as had been indicated. City Manager suggested such a meeting be held after conclusion of Budget Study meetings, which delay would also give Stone & Youngberg an opportunity to give a financial report at a special meeting. Motion carried, Corneilman Granger requesting that the Report as accepted be made a part of the record. (MINUTE ORDER #67-77) Presentation of proposed Budget for 1967-68. City Manager advised proposed Budget being submitted for Council's review prior to the series of Budget Study meetings — which had been scheduled, which he recommended be held in the new Community Activi- ties Building. City Manager read in full his Budget message, analyzing proposed Budget as submitted to Council. (For full text see City Clerk's file - Budget 1967-68) Councilman Bury moved to adopt RESOLUTION N0. 5351 SETTING TIME AND PLACE OF PUBLIC HEARING ON ANNUAL BUDGET FOR THE FISCAL YEAR JULY 1, 1967 - JUNE 30, 1968; ORDERING PUBLIC NOTICE BE GIVEN OF SAID HEARING AND OF THE FACT THAT COPIES OF SAID PROPOSED BUDGET ARE AVAILABLE FOR PUBLIC INSPECTION IN THE OFFICE OF THE CITY CLERK (sets public hearing June 19, 1967) seconded by Councilman Rosselli and carried on roll call vote. W W