0689-26
Subject: Communication sponsored by Alder Land, to approve a resolution authorizing the issuance and establishing the parameters for the sale of up to $22,700,000 of 2026 general obligation promissory notes dated October 28, 2026 to be used for paying the cost of various capital improvement and acquisition projects and vehicles and equipment as set forth in the 2026 capital improvement plan. Recommendation of the Finance and Personnel Committee on 08-24-2026: To approve a resolution authorizing the issuance and establishing the parameters for the sale of up to $22,700,000 of 2026 general obligation promissory notes dated October 28, 2026 to be used for the paying the cost of various capital improvement and acquisition projects and vehicles and equipment as set forth in the 2026 capital improvement plan. Fiscal Note: This is the City’s normal annual borrowing for the Long term capital projects of $18,806,462 and equipment of $3,893,868 that were approved and budgeted in the 2026 budget.
- Committee
- Finance and Personnel Committee
- Introduced
- July 30, 2026
- On agenda
- September 1, 2026
- Passed
- September 1, 2026
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