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household income falls within the qualifying limits and certification that the income <br />documentation is correct and accurate. In determining compliance with.this Section, the City <br />HRA must use the most recent available County median income. <br />Section 3.11. Prior Approval and Notices. <br />(a) The County HRA shall submit to the County and City HRA for prior written <br />approval any proposed decisions with respect to the optional redemption of the Bonds, and shall <br />submit to the County and City HRA for prior written approval any proposed decisions under the <br />Financing Documents that adversel.y affect the ongoing existence or operation of the Project, <br />including without limitation, any decision regarding the restoration of the Project or the <br />redemption of Bonds in the event of casualty loss. <br />(b) The County HRA shall send to the County and the City HRA, and the City HR.A <br />shall send to the County and the County HRA, a copy of each and any report required to be made <br />regarding the Project pursuant tp the Financing Documents. � <br />(c) The City HRA shall submit to the County HR.A on an annual basis copies of any_ <br />reports or other information provided pursuant to the required annual audit of the City HRA, and <br />shall subrnit to the County HIZA for prior written approval any proposed decisions to expend <br />$25,000 or more on a capital expense item or on any other single expenditure item.\ <br />(d) <br />directions to <br />Indenture. <br />EMT-238666v5 <br />CR195-4 <br />The County HRA shall submit to the City HR.A for prior �vritten approval any <br />the Trustee regarding investment of any fund held by the Trustee under the <br />9 <br />'� <br />'� <br />'"'� <br />