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<br /> <br />Item 3.20. <br /> <br />MEMORANDUM <br /> <br />TO: Mayor and City Council <br /> <br />FROM: Lori johnson, City Administrator <br /> <br />DATE: january 9,2006 <br /> <br />SUBJECT: Resolution Providing for the Sale of $3,595,000 Electric Revenue <br />Bonds 2006A <br /> <br />Attached is a presale report and a resolution for the electric revenue bond series 2006A in <br />the amount of $3,595,000 to pay for improvements to the electric utility system. The <br />attached resolution authorizes the city to proceed with the bond sale as discussed at a <br />previous Council meeting. <br /> <br />Action Requested <br /> <br />The City Council is asked to approve the attached resolution. <br />