AN ORDINANCE relating to the financing of the Memorial Stadium redevelopment project; amending Ordinance 127125 to increase the amount of an existing interfund loan; creating the 2027 Multipurpose LTGO Bond Fund B, and allowing it to be a borrowing fund for the loan; and authorizing the loan of funds in the amount of $39,800,000 from multiple city funds as bridge financing to the 2027 Multipurpose LTGO Bond Fund B for the Memorial Stadium redevelopment project.

Committee

City Clerk

Requested by

CBO-OPI

Introduced

September 8, 2025

On agenda

November 21, 2025

Passed

November 24, 2025

Enacted

November 24, 2025

Enactment no.

Ord 127342

Where it was heard

City Council Nov 21, 2025 passed Pass Select Budget Committee Nov 17, 2025 pass Pass Select Budget Committee Nov 14, 2025 not heard in Committee

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