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Mayor Pro Tem Martinez, requested Pro Forma from developer in order to <br />assess. <br />Councilmember Benavides, requested update; prime location for development. <br />Interim City Manager Kurtz, noted that financial information had been received <br />and in process of being evaluated; optimistic that second extension may not be <br />needed; 29 conditions that have to be negotiated. <br />Councilmember Tinajero, noted that City not able to negotiate with other <br />developers until this resolved. <br />Deputy City Manager Cortez, indicated that pro forma and feasibility study <br />pending; 8 out of 29 points have been agreed upon. <br />MOTION: Approve First Amendment to the Exclusive Negotiation <br />Agreement with Caribou Industries for the Third and Broadway <br />Development which provides for a sixty day extension, ending August 25, <br />2017, with the option of extending an additional sixty days pending the <br />City Manager's approval. <br />MOTION: Benavides SECOND: Pulido <br />VOTE: AYES: Benavides, Pulido Sarmiento, Solorio, Tinajero, <br />Villegas (6) <br />NOES: Martinez (1) <br />ABSTAIN: None (0) <br />ABSENT: None (0) <br />25F. EXPEDIATED INSPECTION SERVICES {STRATEGIC PLAN NO. 3, 3) - <br />Planning and Building Agency <br />MOTION: Authorize the City Manager and the Clerk of the Council to <br />execute agreements with an aggregate amount not to exceed $1,000,000, <br />for a three-year term expiring on July 5, 2020, subject to non -substantive <br />changes approved by the City Manager and City Attorney. <br />CITY COUNCIL MINUTES 16 JULY 5, 2017 <br />