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City Council Minutes <br /> June 2, 2009 <br /> Page 7 of 7 <br /> like to pursue the purchase of this building with the understanding that the <br /> library will completely fund this purchase. The purchase price is <br /> approximately $194,000 which includes first and second mortgages, taxes <br /> due, and fees. <br /> COUNCIL MEMBER MALECHA MOVED TO PURSUE THE PURCHASE <br /> OF THE BUILDING KNOWN AS LITTLE PINE PLAZA FOR THE <br /> LIBRARY AND FURTHER INSTRUCTS STAFF TO REVIEW FUNDING <br /> OPTIONS. COUNCIL MEMBER SJOBLAD SECONDED THE MOTION. <br /> MOTION CARRIED 5-0. <br /> 12. Other Business <br /> There was no other business. <br /> 13. Adjournment <br /> There being no further business, COUNCIL MEMBER NAGEL MOVED <br /> TO ADJOURN. COUNCIL MEMBER MALECHA SECONDED THE <br /> MOTION. MOTION CARRIED 5-0. <br /> The meeting of the City Council adjourned at 7:55 p.m. <br /> Respectfully submitted, <br /> Nancy Malecha LL <br /> Finance Administrator <br />