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their decision as to the method of financing the project at the next Regular City Council Meeting. <br /> The options that will be entertained include: paying for the project out of reserves, paying for all <br /> • or a portion of the project with the issuance of Certificates of Participation, and paying for the <br /> project with reserves and approving a Reimbursement Resolution. <br /> 3. PRESENTATIONS FROM THE FLOOR <br /> Cyrus Gheryi, Gigli Court, addressed Council. He asked the City Council to a endize his project <br /> for review at their next meeting. Gheryi complained that the Town had repeatedly delayed his <br /> project and that he had incurred unexpected costs for a water pipeline that had been required by <br /> the Water District. Gheryi threatened to display an "anti-Town" banner at his residence that <br /> could be viewed by motorists on Highway 280. <br /> Mayor Cheng reiterated the Council's past direction to Mr. Gheryi to submit in writing his <br /> request and concerns related to his project for Council review. <br /> 4. ADJOURNMENT <br /> MOTION SECONDED AND CARRIED: Moved by O'Malley, seconded by Warshawsky to <br /> adjourn the meeting at 8:30 p.m. <br /> Respectfully submitted, <br /> ® Karen J <br /> + <br /> City Clerk <br /> The minutes of the January 29, 2004 Special City Council Meeting were approved at the <br /> February 19, 2004 Regular City Council Meeting. <br /> • <br /> 3 Special City Council Meeting Minutes <br /> January 29,2004 <br />