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<br />Street Rehabilitation Financing <br />December 3, 2007 <br />Page 3 <br /> <br />FISCAL IMPACT <br /> <br />Approval of the resolutions and related agreements authorizes staff to <br />prepare certain financing documents relating to local street improvements <br />totaling $60 million dollars. A total cap including issuance costs is not <br />to exceed $70 million and 6% per annum. <br /> <br />Ja~e~s ~ <br /> <br />Executive Director <br />Public Works Agency <br /> <br />~V"'" <br />~ <br /> <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br /> <br />~~~~~ \A~:~' <br />Francisco Gutierrez <br />Executive Director <br />Finance & Management Services Agency <br /> <br />80A-3 <br /> <br />