AGENDA CAPTION:
Title
Consider approval of Ordinance 2021-56, on first and final reading, authorizing the issuance and sale of an amount not to exceed $38,115,000 of Combination Tax and Revenue Certificates of Obligation, Series 2021A, for constructing, improving, designing, acquiring and equipping the City's (1) water and wastewater system; (2) electric utility system; (3) streets including related drainage, sidewalks, traffic improvements and lighting, including acquisition of right-of-way; (4) municipal buildings to include HVAC improvements; roof replacements and security improvements; (5) stormwater management and flood control facilities, including acquisition of land; (6) airport; (7) public safety facilities to include police and fire improvements and technology equipment upgrades; (8) network and fiber optic infrastructure equipment; (9) recreational facilities including parks and sports fields; (10 parking facilities; and (11) the payment of professional services in connection therewith including legal, fiscal and engineering fees and the costs of issuing the certificates of obligation and other matters related thereto; providing for adoption of this Ordinance on one reading only in accordance with State Law.
Body
Meeting date: August 3, 2021
Department: Finance-Marie Kalka, Finance Director
Amount & Source of Funding
Funds Required: Click or tap here to enter text.
Account Number: Click or tap here to enter text.
Funds Available: Click or tap here to enter text.
Account Name: Click or tap here to enter text.
Fiscal Note:
Prior Council Action: June 1, 2021 - Council provided authorization to publish notice of intent and direction to proceed with issuance of Certificates of Obligation in the amount not to exceed $38,115,000
City Council Strategic Initiative: [Please select from the dropdown menu below]
Choose an item.
Choose an item.
Choose an item.
Comprehensive Plan Element (s): [Please select the Plan element(s) and Goal # from drop...
Click here for full text