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Report to City Council regarding the Issuance of 2004 Series A Subordinate Housing Tax Allocation Bonds. <br />June 9, 2004 <br />Page 3 <br />Financial Impact <br />All costs of issuance will be paid from the proceeds of the bond issue. <br />Environmental Impact <br />Not applicable. <br />Recommendations <br />1. Adopt Resolution of the City of Colton Public Finance Authority Authorizing the Issuance, Sale <br />and Delivery by the Redevelopment Agency for the City of Colton of 2004 Series A Subordinate <br />Housing Tax Allocation Bonds. <br />Attachments: <br />Exhibit A Financial Analysis <br />Exhibit B Resolution Authorizing the Issuance of Refunding Bonds <br />Report Prepared by: Dilu de Alwis, Finance Director <br />REVIEW TEAM ONLY <br />City Attorney: /c��_ Finance Director: 1 <br />City Manager: Agency Special Counsel: <br />