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Mayor Brenton Britschgi <br />V.Mayor Priscilla Marquez- Mosher <br />Cou nc i lmen : <br />Robert H. Bury <br />Gerald E. Chandler <br />Richard S. Claire <br />Bill Rhodes <br />Wm. J. Stangel <br />Reqular Meetinq <br />CALL TO ORDER - 7:30 P.M., Mayor Britschgi presiding <br />MINUTES <br />CITY COUNCIL <br />Board of Supervisors Chambers <br />401 Marshall Street <br />June 10, 1985 <br />7:30 p.m. <br />Councilmen present: Bury, Chandler, Mosher, Rhodes, Stangel and <br />Mayor Britschgi <br />Councilmen absent: Claire <br />Officials and staff present: Smith, Schricker, <br />Schroeter, Church, Reggetts <br />PLEDGE OF ALLEGIANCE - Councilman Bury <br />INVOCATION - Reverend Donald Rowland <br />1st Congregational Church <br />APPROVAL OF MINUTES - City Council 6/3/85 <br />Tasseff and Addiego, Light, <br />M /S: Chandler /Mosher to approve the subject Minutes as submitted. <br />Carried unanimously by voice vote, Councilman Bury abstaining. <br />---------------------------------------------------------------------------- - - - - -- <br />PUBLIC HEARINGS <br />1. Public Hearing - Proposal of Paragon Group, Inc., for <br />issuance of estimated $31,000,000 of Revenue Bonds for <br />Multifamily Rental Housing (408 -02) <br />City Manager Smith introduced the subject item noting that Council had <br />previously indicated its intention to issue the bonds, for the project in the <br />Redwood Shores area, and that this public hearing is a requirement under the <br />law. He suggested that the presentation be in two parts; first, the public <br />hearing, and then discussion of status of the bonds and options available. <br />Reg.Mtg. <br />6/10/85 <br />MINUTE BOOK NO. 45 <br />Page No. 455 <br />