AGENDA CAPTION:
Title
Consider approval of Ordinance 2025-13, on the first and final reading, authorizing the issuance and sale of an approximate amount of $30,450,000.00 of Waterworks and Wastewater System Revenue Bonds, Series 2025, pledging the revenues of the water and wastewater system in support of the bonds; approving an official statement, a paying agent/registrar agreement for improving, constructing, equipping, acquiring, or designing the water and wastewater system and the payment of professional services in connection therewith including legal, fiscal and engineering fees and the costs of issuing the revenue bonds and other matters related thereto; and providing for the approval of this Ordinance 2025-13, on one reading as authorized by state law.
Body
Meeting date: April 15, 2025
Department: Finance and Engineering/Capital Improvement
Amount & Source of Funding
Funds Required: N/A
Account Number: N/A
Funds Available: N/A
Account Name: N/A
Fiscal Note:
Prior Council Action: September 17, 2024, City Council approved Ordinance 2024-40(b), approving the Fiscal Year 2025 Capital Improvement Program. February 4, 2025, City Council received an overview of the projects included in the FY 2025 CIP. February 18, 2025, City Council approved resolutions #2025-28R and #2025-29R authorizing publishing a notice of intent.
City Council Strategic Initiative: [Please select from the dropdown menu below]
Quality of Life & Sense of Place
Public Safety, Core Services & Fiscal Excellence
Environmental Protection
Comprehensive Plan Element (s): [Please select the Plan element(s) and Goal # from dropdown menu below]
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? Core Services
? Not Applicable
Master Plan: [Please select the corresponding Master Pl...
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