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09-23-2013 Council Work Session Packet
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09-23-2013 Council Work Session Packet
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project, it could consider bonding an additional amount for the parking lot. It would not make <br /> sense to bond for the parking lot by itself. <br /> Another project that has been discussed is an upgrade to the HVAC system in the City Hall <br /> complex. The Community Investment Fund would also be a logical funding source for this <br /> project. However, this fund is also identified as the possible funding source for the turn back and <br /> the Navarre street lighting project If all of these projects are funded by the Community <br /> Investment Fund, the fund will be gone. Once again, if the council was interested in bonding for <br /> the police project, funds for this project could be added to the bond issue. Another option would <br /> be an inter-fund loan. <br /> A copy of the future debt service levy and the funds that have balance for an inter-fund loan are <br /> included with this memo. <br /> The City of Orono complies with the Minnesota Data Practices and Open Meeting Law. The recipients of this <br /> electronic ftle are asked not to "Forrvard"or "Reply to All" concerning information contained in this email. <br />
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