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Mayor & City Council <br />January 22, 1993 <br />Page 2 <br />project with sufficient excess increments to allow us to do <br />that buy -out on an equitable basis. <br />Therefore, it is my recommendation that we adopt the <br />resolution as prepared by bond counsel in regards to the <br />issuance of these bonds and subsequent purchase for <br />internal purposes. <br />JRH:kpv <br />Page 24 <br />