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• <br />• <br />• <br />AGENDA ITEM 1 E <br />STAFF ORIGINATOR Al Rolek <br />MEETING DATE November 26, 2007 <br />TOPIC Consideration of Resolution 07 -196 Approving Transfers For <br />Installment Payment On Interfund Loan For Recreation Complex <br />Land <br />VOTE REQUIRED <br />Simple Majority <br />Last December the City Council approved Resolution 06 -212 providing for the repayment of the <br />interfund loan for the Recreation Complex land. The attached Resolution 07 -196 approves the <br />transfers necessary to make the 2007 installment of the approved repayment program. Staff <br />recommends approval of Resolution 07 -196. <br />1. Approve Resolution 07 -196. <br />2. Refer to Staff for further review. <br />3. Deny Resolution 07 -196. <br />Option 1 <br />