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REQUEST FOR COUNCIL ACTION' Date,*,' 1,2 /09/911 <br />IF <br />e N IN No If <br />Department Approval,, Manager Reviewed Agenda SectlOn <br />Ordinances and Resolutions <br />N t' ' * N NN N N N NA M N of UM <br />R I Bonds to N h N aN <br />OtAer MU" <br />N <br />IiIMN 4.1 <br />N the issued, $2,12251,41001 NR Obligation <br />Iffighway Bonds to alsiS3.91t in the, construction, of the B2 Bridge. <br />The debit and IM paid from w <br />allocation . <br />with h rF property limitations,, <br />it is, o appropriate to have j debit pa Ai N the tax <br />Ol <br />j N • uNM d permit funds 4AM <br />streets a <br />I I 1 <br />In the development n piresien,ta,tiion w► <br />recommended the realloication funds to better fund thim <br />sitreet maintenance operations, funding n NM N Ir IM IIM permitted <br />iNM I N State d � been N n by <br />n other <br />Cities who haiv,e had <br />more financlail needs NM years a <br />The usie of ,' n M M n to, NNNN _ debt service 7 <br />w I has been <br />reviewed, by, our I I be in <br />1 increment law and INN <br />I - IN N _ I go K-al 11 <br />Staff' recommending t approval the h ®' rN resolution to <br />o m INM _ _ +s <br />ANN N IN <br />iL <br />Xoltioln to accept the attached Relsio lut ions R F <br />M N r ! M the, r bond agreemeilt now N _ the Btat- <br />of' Department, <br />