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'1 <br /> <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />i <br />I <br /> <br />Project Designation & Description <br /> <br />Total Project Cost <br /> <br />(b) <br /> <br />That it is necessary and expedient to the sound finan- <br />cial management of the affairs of the City to issue <br />$2,045,000 General Obligation Improvement Bonds of <br />1984, Series II (Bonds) to provide financing for the <br />Improvements. <br /> <br /> 2. In order to provide financing for the Improvements, the City <br />shall therefore issue and sell Bonds in the amount of $2,005,000. In <br />order to provide in part the additional interest required to market <br />the Bonds at this time, additional Bonds shall be issued in the amount <br />of $40,000. Any excess of the purchase price of the Bonds over the <br />sum of $2,005,000 shall be credited to the debt service fund for the <br />Bonds for the purpose of paying interest first coming due on such <br />additional Bonds. The Bonds shall be issued and sold in accordance <br />with the terms of the following Official Terms of Bond Sale: <br /> <br /> <br />