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44 Staff Recommendation <br />45 Staff has reviewed the application and believes all necessary legal and financing provisions will <br />46 be met. Staff recommends the Council set a public hearing to consider the issuance of �ax- <br />47 exempt bonds for Centennial East Limited Partnership. <br />48 <br />49 Council Action Requested <br />50 Motion to establish a public hearing for May 21,2007, for the purposes of issuing appro�mately <br />51 $6 million in tax-exempt revenue bonds, for Centennial East Limited Partnership. <br />52 <br />2 <br />