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City Ordinance: Because the City is leasing and leasing back property it owns it is required to adopt an <br />ordinance authorizing the lease/leaseback arrangement. Adoption of the ordinance will satisfy these legal <br />requirements. <br />Should the City and the Authority wish to proceed with the issuance of the Note, subject to an agreement being <br />reached by Big League Dreams and the City within ninety days of adoption, the City Council and the Board of <br />Directors should adopt the above described resolutions and ordinance. <br />Attachments: <br />REVIEW TEAM ONLY <br />City Attorney: Finance Director: <br />City Manager: OTHER: <br />