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--pre Iminary expenctitures" mc ucies arc engineering, surveying, soil testing, bond issuance <br />and similar costs that are incurred prior to commencement of acquisition, construction, or <br />rehabilitation of the Project, excluding land acquisition, site preparation, and similar costs incident to <br />commencement of construction. <br />16111 -01 1-11 -11 111 <br />2 are consistent with the City's budgetary and financial circumstances. No sources other than <br />#7 <br />or otherwise set aside pursuant to the City's budget or financial policies to pay such expenditures for <br />which bonds are issued. <br />6. The action is intended to constitute a declaration of official intent for purposes of the <br />Reimbursement Regulations, <br />By: <br />Charles Cadenhead <br />Mayor <br />uli J nso <br />cleiZl/ <br />LA515-142-942862A <br />