AN ORDINANCE PROVIDING FOR THE ISSUANCE AND SALE OF NOT TO EXCEED $6,825,000 OF NOTES, IN ANTICIPATION OF THE ISSUANCE OF BONDS, FOR THE PURPOSE OF PAYING COSTS OF IMPROVING CITY-OWNED PROPERTY LOCATED AT 5810 HUDSON DRIVE BY CONSTRUCTING, FURNISHING EQUIPPING AND OTHERWISE IMPROVING (i) A NEW SALT STORAGE FACILITY AND (ii) A NEW BUS MAINTENANCE AND STORAGE FACILITY AND CLEARING, IMPROVING AND EQUIPPING THE SITE. Brief Description: This ordinance allows for the refinancing of existing financial obligations of the City. It allows for the sale of notes to finance the cost of the new bus garage and salt storage facility.

Committee

City Council

Requested by

Finance Department

Introduced

August 31, 2026

On agenda

October 20, 2026

Where it was heard

City Council Workshop Oct 13, 2026 item forwarded City Council Oct 6, 2026 second reading City Council Workshop Sep 22, 2026 item forwarded City Council Sep 15, 2026 first reading City Council Workshop Sep 8, 2026 item forwarded

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