Subject: Communication sponsored by Alder Land, on behalf of the Finance Director, to approve a resolution authorizing the issuance and establishing the parameters for the sale of up to $4,085,000 of 2025 taxable general obligation promissory notes dated October 22, 2025 to be used for paying for cost associated with TID #26 Developer Incentive previously approved by Common Council. Recommendation of the Finance and Personnel Committee on 09-08-2025: To approve a resolution authorizing the issuance and establishing the parameters for the sale of up to $4,085,000 of 2025 taxable general obligation promissory notes dated October 22, 2025 to be used for paying for cost associated with TID #26 Developer Incentive previously approved by Common Council. Fiscal Note: Developer Incentive Agreement for Dominion Downtown Phase II was approved by Common Council on April 2, 2025 via resolution #0250-25

Committee

Finance and Personnel Committee

Introduced

August 28, 2025

Passed

September 16, 2025