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/9z~3 <br />City Council to levy $190 x000 outside the constitutional 6~ ' ~- <br />liml <br />Cation far the Downtown Develo ment District <br />P <br />9. As of July l~ 1984, it is projected: <br />~a} The 10th & oak overpark Fund ~No. 5~1} will have a <br />sum in excess of the amount delivered to the Cit 's fiscal <br />Y <br />agent to retire all outstanding unpaid bonded indebtedness <br />due to the 10th & oak overpark Improvement Bonds and interest <br />thereon and the amount to provide for operation and main- <br />tenance of the 10th & oak overpark off -Street Parkin <br />9 <br />Facility during fiscal year 1984--85; <br />fib} There will be $1,612~379.~5 of excess undistributed <br />net operating revenue in the 10th & oak overpark Fund ~No. <br />521} ; <br />~c} There will be a debt due and payable to the Down- <br />town Development District Fund ~No. 113} of approximatel <br />Y <br />$888,000 in credits and deferrals from the 10th & oak <br />overpark Fund ~No. 5zl} upon the declaration of rebates of <br />the excess undistributed net operating revenue b the Cit <br />y Y <br />Council. <br />14. After public and such other notice deemed necessar b <br />Y Y <br />the City Council it is intended that the ' <br />City Council adopt an <br />ordinance authorizing the equitable adjustment of the 10th & oak <br />overpark special benefit assessments, including those which have <br />already been paid in full as well as those for which amounts are <br />past due. <br />Page 4 w Ordinance <br />