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ed in order for the City to own and/or construct a utility. In addition, <br /> prior to the establishment o! rates, a pubUc hearing would be necessary <br /> at which time the rate structure is presented to the public. The rates <br /> are then adopted pursuant to an ordinance. * <br /> *: <br /> <br />d. It is my opinion that the construction o! a public improvement financed <br /> under Chapter OO0, in conjunction with tax increment funds, does not <br /> fall within the requirements of Chapter .8' 'of the City Charter, since <br /> no Special assessments would be involved. Because o! the somewhat <br /> ambiguous language of this Charter Section' this interpretation is subject <br /> to differing opinions, however~ my understanding of the Charter drafter's <br /> intent leads me to believe my position is sound. <br /> <br />Finally, it is my opinion that if the Counci! desires to finance pursuant <br />to TIF and Chapter O~0, the entire package should be reviewed by the City's <br />Bond Councei, and a written preJiminary report received from him prior <br />to proceeding on this project. <br /> <br /> <br />