(c) Adopt a resolution to consolidate into one document: (1) the text of the Framework originally adopted by City Council on October 23, 2007, and (2) the further implementation direction for the Framework set forth by City Council on that same date, as memorialized in that certain memorandum dated October 19, 2007 from Mayor Reed and Councilmembers Nguyen, Pyle, and Williams, and also to change the term "Extraordinary Economic Benefit" to "Extraordinary Benefit" in order to make the Framework consistent with that certain memorandum dated October 19, 2007, which recognizes that extraordinary benefits should not only be limited to those that are economic in nature, none of which actions are intended to create any substantive changes to the Framework as approved by City Council on October 23, 2007.
RECOMMEND DEFERRAL TO FALL 2008 PER ADMINISTRATION