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term of the Certificates of Participation. <br />This will virtually eliminate the Trust account and leave enough funds to pay for tl~e administrative <br />costs of paying the debt off and any arbitrage which occurred with the Certificates~ of Participation. <br />This will leave about $1.19 million dollars with the Treasurer. It is our recommjendation that the <br />money held with the Treasurer be used to pay off the June 1, 2001 principal, ~ince the amount <br />chazged to departments was not sufficient to pay the entire debt service for FY 2~01. <br />In conclusion, the above action will maximize the reduction of cost being charg~d to the General <br />Fund and provide the largest bene~t to the County over the life of the debt on Cdurthouse Square. <br />