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(6)Reasonable interest rates should be charged for use of the money and the credit worthiness of the <br /> borrower shall be assured. The current rate for general obligation bonds shall be used as an indicator of <br /> the minimum appropriate interest rate. <br /> (7)An annual status report on the Fund shall be prepared for the City Council. (Ord.No. 527, 2-26-85; <br /> Code of 2001) <br /> Secs.2-173--2-179. Reserved. <br /> 2-23 <br />