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<br />8. STAFF REPORTS <br /> <br />A. Public Financing Authority 1991 Local Agency Revenue Bonds, Series B. Approval of <br />Resolutions will authorize the Redevelopment Agency Treasurer/City Director of Finance <br />to execute agreements refinancing the subject bonds to realize savings of approximately <br />$50,000 on the annual cost to service the debt, without extending the final maturity date. <br /> <br />RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY APPROVING <br />THE ISSUANCE OF THE REDEVELOPMENT AGENCY OF THE CITY OF REDWOOD <br />CITY REDEVELOPMENT PROJECT AREA NO.2, TAX ALLOCATION REFUNDING <br />BONDS, SERIES 1996 AND CERTAIN RELATED MATTERS. <br /> <br />9. CLOSED SESSION <br /> <br />None <br /> <br />10. ADJOURNMENT <br /> <br />*SPEAKERS, ATTENTION: Speaker's cards are on the rostrum. If you wish to speak, please <br />complete the card and give it to Council Volunteer Art Balsamo. The Mayor will recognize you <br />at the appropriate time when your item is under consideration by the Council. If your item is <br />not on the agenda, the Mayor will recognize you during the Oral Communications portion of the <br />Council meeting. <br /> <br />REGULAR COUNCIL MEETING <br />AGENDA <br /> <br />JANUARY 6,1997 <br />PAGE 3 <br />