Subject: Communication sponsored by Alder West, on behalf of the Finance Director, requesting approval of a resolution designating the Finance Director as the official authorized to declare official intent to reimburse capital expenditures made prior to a tax-exempt borrowing. Recommendation of the Finance and Personnel Committee on 05-13-2024: That the resolution be adopted designating the Finance Director as the official authorized to declare official intent to reimburse capital expenditures made prior to a tax-exempt borrowing. Fiscal Note: Authorization would allow spending of capital borrowing funds as authorized by the Common Council in the annual budget.

Committee

Finance and Personnel Committee

Introduced

May 9, 2024

On agenda

May 21, 2024

Passed

May 21, 2024