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December 1 <br />Councilmember Burg reported the property owners would be compensated properly for the <br />loss of their property and would not have to pay capital gains on the proceeds they receive. <br />Councilmember Jacobsen stated the eminent domain process was taken very seriously by the <br />City. He requested further information on the procedure followed by the City for property <br />takings. Community Assets and Development Director Schlichting discussed the eminent <br />domain procedure being followed by the City in further detail. <br />Ad i ournment <br />Motion by Councilmember Burg, seconded by Councilmember Jacobsen to adjourn the <br />meeting. <br />5 Ayes, 0 Nays -Motion Carried, <br />Meeting adjourned at 8:13 p.m. <br />Valerie Johnson, ayor <br />ATTEST: -��e-4 at'z <br />VTi aarstad, City Clerk <br />2015 Page 6 of 6 <br />Adjournment <br />The meeting adjourned <br />at 8:13 p.m. <br />