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� <br />`.. <br />City of <br />Pequot <br />La.:�es - <br />Date: <br />AGENDA ITEM #5.2 <br />REPORT TO <br />CITY COUNCIL <br />Apri13, 2012 <br />Subiect: Resolution — HRA West Grove Townhome <br />Refunding <br />Attachments: <br />1. Memorandum from Paul Steinman describing the refunding <br />2. Letter from Pequot Lakes HRA Executive Director <br />requesting the City to continue to commit levy funds to the <br />Project <br />3. Resolution approving the HRA levy for this project <br />4. The original resolution adopted by the City in 2003 <br />committing HRA Levy for the project <br />5. 2003 Joint Powers Agreement between the Pequot Lakes <br />HRA and Crow Wing County HRA <br />6. Amended and Restated Joint Powers Agreement between the <br />Pequot Lakes HRA and Crow Wing County HRA <br />Report: In 2003 the Pequot Lakes HRA and the Crow <br />Wing County HRA entered into a Joint Powers Agreement <br />regarding the West Grove Townhome Proj ect. At that time <br />the Pequot Lakes City Council adopted a resolution which <br />`- authorized payment of the debt service bonds and operating <br />