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City- LRC Cooperation Agreement (2006) <br />Provides for advance/repayment of operating <br />funds and provision of administrative services <br />Requires Council approval of LRC budget <br />Requires Council approval for: <br />Expenditures not a part of approved LRC budget <br />Issuance of LRC bonds & long-term financing <br />Any redevelopment agreement <br />22 <br />