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5.2. SR 03-25-2002TO: FROM: DATE: SUBJECT: MEMORANDUM Mayor and Cit7 Council Pat Klaers, City Ad??.~n_~rator March 25, 2002 Legislative Update Item # 5.2. Legislative bills and proposals which impact municipalities have been evolving and changing over the last couple weeks. Nothing is expected to be finalized by the City Council meeting on Monday but since the agenda is rather light I thought it was appropriate to add "Legislative Updates" to the meeting for a stares report. Issues of concern include: phase two of the budgeting bill, Northstar Corridor/bonding bill, transportation proposal, and the gas tax increase. s: ~ council~legislativeupd.doc