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§ 3 <br /> 1 EXCERPT FROM PROCEEDINGS <br /> 2 <br /> 3 MAYOR PATTERSON: I will close the Public Hearing • <br /> 4 and go into Council discussion, at this time. What is the <br /> 5 pleasure of the City Council? (No response to the question. ) <br /> 6 I wonder if I might just lead off - I don ' t <br /> 7 care if somebody wants to go, fine - but there are just two <br /> 3- <br /> 8 points that I would like to make. I expressed, previously, <br /> g that I had previously favored this without the visible <br /> 10 tangible benefit, and probably would do so again tonight, <br /> 11 and wanted to hear whether there was any new evidence <br /> ';, 12 offered. <br /> 13 I heard each of the arguments , and maybe, <br /> 14 with a little bit of elaboration here and there, the only j <br /> 15 new one that I came up with - and I listened carefully - was <br /> $ 16 with regard to the thirty thousand dollars benefit to the <br /> 17 City, and it ' s my impression that this would make me more <br /> 18 favorable to approval because it means not only would I have <br /> 19 approved it previously, but now I would approve it and get <br /> 20 thirty thousand dollars to go to the City coffers at the <br /> 21 same time. <br /> 22 I think a good point was made - or, a point <br /> 23 was made previously, and made again tonight - with regard <br /> 24 to the contract extension, and whether this increased the <br /> 25 value of Great Western stock, so that they could then sell <br /> 24: - it at a profit, you know. <br /> (213) 437.1327 MACAULEY Bt MANNING. SANTA ANA. CALIF. (714) 542-2317 <br />