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<br />'-. <br /> <br />x..... <br /> <br />Staff Recommendation: <br /> <br />It is recommended that the City agree to the refunding ofthe County HRA bond which <br />would require the future amendment of the Joint Powers Agreement removing the City's <br />General Obligation Pledge, revision of the priority list for residency, and a five-year <br />operating deficit agreement. <br /> <br />Committee Action: <br /> <br />Motion to recommend Council approve the refunding of the County HRA bonds with the <br />necessary amendments to the Joint Powers Agreement. <br /> <br />Reviewed by: ( ,n <br /> <br />City Administrato~ ~ <br />Finance Officer <br /> <br />FC: 1-8-08 <br /> <br />l <br />