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H. R. A. MEETING <br /> DECEMBER 10, 1991 <br /> PAGE 3 <br /> 4 <br /> 5 increment district are retired. <br /> 7 <br /> 8 Mayor Ranallo supported the annual review noting that if the <br /> project goes under the whole future of the bonds could be <br /> dreadful. <br /> 1 <br /> 1� It was stated that the guarantee of the infusion of $50, 000 <br /> 13 per year of excess generated tax increment is not supported by <br /> 14 the City Council. <br /> 15 <br /> 16 <br /> 17 Motion carried unanimously <br /> 18 <br /> 19 <br /> :?O 6. ADJOURNMENT <br /> 21 <br /> 2.2 Motion by Marks, second by Enrooth to adjourn the H. R. A. <br /> 23 meeting at 9:02 p. m. <br /> 24 <br /> 25 Motion carried unanimously_ <br /> 21 . <br /> 2� - <br /> 28 Respectfully submitted, <br /> .79 <br /> O <br /> 32 Jo-Anne Student, H. R. A. Recording Secretary <br /> 33 <br />