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1992_0413_packet
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1992_0413_packet
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10/31/2011 1:01:07 PM
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The Treaxury Department has issued, new bond, reimbursement riegul,a <br />tionsel Those regulations are designed NMr restrict public agen� <br />practice ales in the <br />M <br />reimbursing 1 g <br />through <br />themselves 11 - issue <br />which if bonds, for cost's n,eve 1 intent • do, soal <br />Roseville has not participated in such, practices but regardless <br />we now II under those regulations., <br />mi <br />The a' CiItY- has <br />III <br />IrN o <br />i i <br />�1 � the intention <br />�� <br />Selling bonds <br />reimburse <br />those <br />- 1 Treasury - <br />1 • to declare <br />those Nr >1 �� �rf � �w N N ,Ir <br />ti 0 <br />i"i]. 1 <br />Should, the City not, adhere to t <br />1 new 1M not wM - <br />Ii <br />its intent � � � ' there <br />o Ne bond <br />counsel � permit, +� <br />the city to <br />bond for ■ - <br />Ir► <br />d o <br />1 d I <br />1 The ■ <br />11 would place the programm- <br />in a severe financial, <br />s <br />1 <br />7I w N <br />resolutialon, attached, has been prepared, r1 = 1 <br />counsel and staff' recommending approval - <br />permit 1 <br />P program, 1 o continue ■ - <br />M M <br />r R N <br />Notion approving, the resolution, declaring the Officleal intent of <br />the �� reimburse certain expenditures ro <br />"� special <br />_ _ MME iN N bond Nr 1 NM rw be <br />11 <br />- tbie City* <br />
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