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AGENDA ITEM NO. 3C <br />STAFF ORIG ATOR Randy Schumacher, City Adm <br />DATE August 9,1996 <br />TOPIC <br />BACKGROUND: <br />Consideration of Resolution No. 96 - $9 <br />Set Sale for Issuance of $4,685,000 General <br />Obligation Improvement Bonds, 1996A <br />The attached resolution provides for the sale of general obligation improvement bonds. <br />Proceeds from the sale of these bonds will be used to fund the following improvements; <br />4th Avenue Trunk Utility Improvements <br />Cedar Street Lift Station <br />Trapper's Crossing Street and Utility Improvements <br />Centennial School Street and Utility Improvements <br />Pheasant Hills Preserve, 7th Addition <br />Marsh= Lake Condominiums <br />OPTIONS <br />1. I Adopt a motion approving Resolution No. 96 - 89, Set Sale of Issuance of <br />$4,685,000 General Obligation Improvement Bonds, 1996A <br />2. Return to staff for further information. <br />RECOMMENDATION <br />Option No. 1 <br />