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AgdaPkt 2013-05-06
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AgdaPkt 2013-05-06
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Last modified
5/21/2013 9:53:40 AM
Creation date
5/2/2013 4:20:00 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Regular
Agency Type
City Council
Date
5/6/2013
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6.2.A. - Page 2 <br /> FISCAL IMPACT <br /> This change will have no fiscal impact as the Parking Fund presently lacks the revenue <br /> capacity to make principal payments to the Capital Outlay Fund. We expect that at <br /> some point in the future, the increased demand resulting from the City's downtown <br /> revitalization efforts will generate sufficient revenues to enable the Parking Fund to <br /> repay the principal on this loan. <br /> ENVIRONMENTAL REVIEW <br /> This activity is not a project under CEQA as defined in CEQA Guidelines, section <br /> 15378, because it has no potential for resulting in either a direct or foreseeable physical <br /> change in the environment. <br /> � <br /> � �^�- <br /> BRIAN PONTY <br /> FINANCE DIRECTOR <br /> �" <br /> ROBERT B. BELL <br /> CITY MANAGER <br /> ATTACHMENTS <br /> 1. Resolution approving amendment of the Parking Fund Loan Agreement <br /> 2. Copy of Resolution 12006, approved June 22, 1993 <br /> 3. Copy of Resolution 14563, approved December 1, 2003 <br /> RELATED DOCUMENTS IN CITY CLERK'S OFFICE <br /> None <br />
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