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2019-08-28 CC Packet
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2019-08-28 CC Packet
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2) The previously authorized loan for Hidden Spring Park in the amount of $283,311.88 <br />shall be consolidated with the loan for the trail Project. <br />3) Such combined loan shall be repaid with interest, from the park dedication fees <br />received through the Park Capital Fund (#402) in accordance with the repayment <br />schedule attached as Exhibit A. <br />4) In the event that sufficient Park Dedication fees are not received in time to make the <br />payments per the schedule, the General Fund shall pay the annual interest, but <br />principal payments shall be deferred until such time as Park Dedication fees are <br />available. <br />Adopted by the City Council this,4day of '2010. <br />�,--Attest <br />-:. <br />eresa en Wer,ityy Wer <br />
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