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� <br /> ECONOMIC AND UR.BAN DEVELOPMENT M MORANDUM <br /> Memo No. 07-53 <br /> April 11,2007 <br /> TO: Honorable Mayor Paul Osborne and City Council Me bers ' <br /> FROM: Steve G , City Manager <br /> Greg Cro , irector of Economic&Urban Develop e� <br /> SUBJECT: (hdinance Reserving 2007 Volume Cap in Connectio with Private Activity Bond <br /> Staff recommends approval of the attached ordinance reserving the C ty's 2007 volume cap. The <br /> attached ordinance does not obligate the City to issue bonds, but pr vides the opportunity to do <br /> so in the future. <br /> If Council members have questions they may contact Greg Crowe Director of Economic and <br /> Urban Development, 424-2727, or at gccrowe@decaturnet.org <br />