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B. Proposed Debt Management Policy- City Council /Redevelopment A_gency /Public <br />Financin_g Authority <br />Recommendation: <br />It is recommended that the City Council, the Redevelopment Agency Board of <br />Directors, and the Public Financing Authority Board of Directors approve the <br />proposed debt policy. (205) MINUTE ORDER 07 -041 <br />RD MINUTE ORDER 07 -04 <br />PFA MINUTE ORDER 07 -02 <br />C. Acceptance of Improvement —Post Office Lot Project - RedevelopmentA_gency <br />Recommendation: <br />Accept the Improvements for Post Office Parking Lot Project, and return the <br />performance and labor and materials bonds in the amount of $63,530.00, <br />according to City procedures. (304) MINUTE ORDER 07 -042 <br />6.2 Section — Final Acceptance <br />A. Final Acceptance — Red Morton Community Park Gardener Shed Replacement <br />Project <br />Recommendation: <br />By motion, accept the Red Morton Community Park Gardener Shed Replacement <br />Project, and authorize the release of bonds and retention according to City <br />procedure. (304) MINUTE ORDER 07 -043 <br />B. Final Acceptance — 2005/06 Slurry Seal Project <br />Recommendation: <br />By motion, accept the 2005/06 Slurry Seal Project, and authorize the release of <br />Payment Bond and retention according to City procedures to Valley Slurry Seal <br />Co. (304) MINUTE ORDER 07 -044 <br />C. Final Acceptance — accept the 2004/05 and 2005/06 Asphalt Rubber Chip Seal <br />Projects <br />Recommendation: <br />By motion, accept the 2004/05 and the 2005/06 Asphalt Rubber Chip Seal <br />Projects, and authorize the release of payment bond and retention. (304) <br />MINUTE ORDER 07 -045 <br />JOINT CITY COUNCIL /REDEVELOPMENT AGENCY/ MARCH 26, 2007 <br />PUBLIC FINANCING AUTHORITY MEETING MINUTES PAGE 5 <br />MINUTE BOOK NO. 61 <br />Page No. 356 <br />