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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />face value of the bonds to mortgagees. The City acknowledges and confirms that the <br />Redevelopment Agency received value equal to or greater than the allocation of approximately <br />$160,000 paid to the City for provision of the expert financial services provided by the City <br />Treasurer that were necessary to effect the Defeasance. <br />PASSED, APPROVED and ADOPTED this 16th of April 1996. <br />ATTEST: <br />'Malik D. Freeman <br />City Clerk <br />