Members of the City Council are scheduled Jan. 26 to receive an update on the City’s financial and economic status for the fourth quarter of 2009, as well as recommendations to address potential gaps for the 2009-2010 biennium. As a second item on the agenda, Council is scheduled to receive an update on the 2010 legislative priorities. The Council will not take public comment during the noon study session in the Tacoma Municipal Building North, 733 Market St., Room 16. Audio from the session will be broadcast live on TV Tacoma and on http://www.tvtacoma.com . On-demand audio archives are available on the Web within 24 hours of the meeting at http://www.tvtacoma.com .