Allow city to repay wastewater system expenses using future bond money
Resolution 01-19
In Plain English
The city plans to issue bonds to fund wastewater system improvements but needs to start spending money before the bonds are sold. This resolution lets the city use its own funds now and repay itself later when bond proceeds arrive. The arrangement ensures wastewater projects can begin immediately without waiting for bond sales to complete.
Auto-generated summary. Source: official agenda documents.
Votes
Approve consent calendar
7 to 0
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