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99-038
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99-038
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7/13/2005 3:12:00 PM
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<br />expenditures-permissible outside the boundaries of such Pooled District; and (c) any <br />limitations under the TIF Act as to expenditure of Tax Increments from such Pooled <br />District for the purposes financed by the proceeds of the Bonds. The Council may from <br />time to time by resolution direct the Finance Director-Clerk as to the relative portion of <br />debt service payments on the Bonds that is to be charged to TIF District Nos. 18 and 20 <br />and each Pooled District, but in the absence of such direction the determination shall be <br />made by the Finance Director-Clerk subject to the limitations described in this paragraph. <br />The City may pledge Tax Increments from TIF Districts Nos. 18 and 20 and any Pooled <br />District to any other obligation on a parity basis with the pledge hereunder. <br /> <br />2.02. The Resolution remains in full force and effect and is not modified except <br />as expressly stated herein. <br /> <br />Approved by the City Council of the City of New Brighton this 27th day of April, <br /> <br />1999. <br /> <br />~- <br /> <br />ATTEST: <br /> <br />~~~ <br /> <br />FinanGe Director-Clerk <br /> <br />5J8-161775 <br />NE136-149 <br />
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