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10 <br />New Harmony Project <br />•Subordinate bonds do not need to be issued as <br />BQ, but do not want to affect another city’s <br />ability to issue other bonds as BQ in 2021 <br />–Little Canada is not expecting to issue bonds on its <br />own behalf <br />–Little Canada has already committed to issuing bonds <br />for Presbyterian Homes’ Langton Place Project in <br />Roseville <br />o BQ threshold already exceeded <br />o Little Canada ideal issuer in this situation