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Staff recommends Alternative #1 as this is the authorization to issue debt with final approval of the acceptance of the bond sale terms <br />at the City Council's special meeting of November 15, 2022 meeting. The issuance of debt follows the direction that City Council <br />authorized when the 2023 preliminary levy was adopted on September 27, 2022. <br />Outcome/Action: <br />Motion to Adopt Resolution #22-237 Adopting a Street Reconstruction Plan and Approving the Issuance of General Obligation Street <br />Reconstruction Bonds and motion to Adopt Resolution #22-238 Providing for the Sale of $12,075,000 General Obligation Street <br />Reconstruction Bonds, Series 2022A. <br />Attachments <br />Presale Report <br />Five -Year Street Reconstruction Plan <br />Reso#22-237 Adopt Street Plan & Approve Issuance of Street Recon Bonds <br />Reso #22-238 Provide for Sale of $12.075M Street Recon Bonds <br />Form Review <br />Inbox Reviewed By Date <br />Brian Hagen Brian Hagen 10/06/2022 02:44 PM <br />Form Started By: Diana Lund Started On: 09/28/2022 08:40 AM <br />Final Approval Date: 10/06/2022 <br />