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AGENDA rrEM 11E <br />STAFF ORIGINATOR John Powell. TKDA <br />DATE. <br />TOPIC <br />BACKGRt; <br />As required by the Intery al Revenue Code, the City of Lino Le <br />to reimburse project costs from bond issue proceeds prior to <br />for construction or land acquisition. This declaration must be <br />Council resolution. <br />June 7. 1996 <br />Consideration of Resolution No. 96-61 <br />Declaration of Intent to Bond <br />Cedar Street Litt Station <br />This resolution is a non-binding declaration which must be made to <br />be financed using bond proceeds. If the attached resolution is not a <br />be required fo identify alternate methods of financing the <br />eciaring the City's intent is <br />RBD <br />OPTION NO. 1 Adopt Resolution No. 96-61 Declaring the Ci <br />Cedar Street Lift Station Improvements. <br />