Enabling the City to enter into more favorable golf contracts -- Because of federal tax regulations , the City can not enter into certain types of performance - based contracts and private business use is restricted at Los Lagos and Rancho .
Rancho were financed them with tax-exempt bonds .
Enabling the City to enter into more favorable golf contracts -- Because of federal tax regulations , the City can not enter into certain types of performance - based contracts and private business use is restricted at Los Lagos and Rancho because they were financed them with tax-exempt bonds .