Legislation Details

File #: Ord. 2026-16    Version: 1 Name:
Type: Ordinance Status: Individual Consideration
File created: 3/11/2026 In control: City Council
On agenda: 4/21/2026 Final action:
Title: Consider approval of Ordinance 2026-16, on the first and final reading, authorizing the issuance and sale of an amount not to exceed $93,060,000.00 of Waterworks and Wastewater System Revenue Bonds, Series 2026A, 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 utility 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 2026-16, on one reading as authorized by state law.
Attachments: 1. Water-Wastewater Ordinance, 2. 2026 CIP Projects for Revenue Bonds
AGENDA CAPTION:
Title
Consider approval of Ordinance 2026-16, on the first and final reading, authorizing the issuance and sale of an amount not to exceed $93,060,000.00 of Waterworks and Wastewater System Revenue Bonds, Series 2026A, 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 utility 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 2026-16, on one reading as authorized by state law.
Body
Meeting date: April 21, 2026

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 16, 2025, City Council approved the Fiscal Year 2026 Capital Improvement Program (CIP). February 3, 2026, City Council received a presentation on the CIP projects included in the Fiscal Year 2026 CIP at a work session.

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]
? Economic Development - Choose an item.
? Environment & Resource Protection - Choose an item.
? Land Use - Choose an item.
? Neighborhoods & Housing - Choose an item.
? Parks, Public Spaces & Facilities - Choose an item.
? Transportation - Choose an item.
? Core Services
? Not Applicable

Master Plan: [Please select the corresponding Master Plan from the dropdown menu below (if applicable)]
Wastewater Master Plan

Background Information:
The Fi...

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