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Street Rehabilitation Financing <br />December 3, 2007 <br />Page 3 <br />FISCAL IMPACT <br />Approval of the resolutions and related agreements authorizes staff to <br />prepare certain financing documents relating to local street improvements <br />totaling $60 million dollars. A total cap including issuance costs is not <br />to exceed $70 million and 6% per annum. <br /> <br />James G. Ross <br />Executive Director <br />Public Works Agency <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />~C~r a > 1 s\ w ~ nom. . <br />Francisco Gutierrez <br />Executive Director <br />Finance & Management Services Agency <br />80A-3 <br />