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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 />I <br />I <br />I <br /> <br />Due to financial commitments made by the City Council and in <br />accordance with the City's p~st and present Comprehensive Plans, <br />the City Council should recognize that changing the rural <br />residential density would be a major change to develol~ent in the <br />City. Consequently, the City Staff wants to be on record <br />informing the Council that the City does have Public Improvement <br />Bonds out on the develo[~ent tn the Urban Area and the City has <br />an obligation to reoognize that making major changes to the <br />Comprehensive Plan oould have a major impact on the financial <br />payback of the public improv~ents in the Urban Area and the <br />legality of the City's commitment to develou~ent according to its <br />old and r~w Comprehensive Plans. Before the City Council <br />considers any changes in the Comprehensive Plan, it is <br />r~nded that the City research any possible fiscal and legal <br />impacts of such a change. <br /> <br /> <br />