Item 30: Final Reading of Combination Tax and Revenue Certificates of Obligation for City Facilities

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COSM_Admin

Administrator
Staff member
Consider approval of Ordinance 2021-56, on first and final reading, authorizing the issuance and sale of an amount not to exceed $38,115,000 of Combination Tax and Revenue Certificates of Obligation, Series 2021A, for constructing, improving, designing, acquiring and equipping the City’s (1) water and wastewater system; (2) electric utility system; (3) streets including related drainage, sidewalks, traffic improvements and lighting, including acquisition of right-of-way; (4) municipal buildings to include HVAC improvements; roof replacements and security improvements; (5) stormwater management and flood control facilities, including acquisition of land; (6) airport; (7) public safety facilities to include police and fire improvements and technology equipment upgrades; (8) network and fiber optic infrastructure equipment; (9) recreational facilities including parks and sports fields; (10 parking facilities; and (11) the payment of professional services in connection therewith including legal, fiscal and engineering fees and the costs of issuing the certificates of obligation and other matters related thereto; providing for adoption of this Ordinance on one reading only in accordance with State Law.
 

JHughson

CoSM Members
In the current packet, for the CO bonds, for item C739 Dunbar Education Building Rehab,
we have this "Rehab of the old home economic education building at the Dunbar center. Consider adding/converting to public restroom."

You will recall this was used in a prior year in the CIP, corrected in a more recent year, but was back to this in the info given to us this year for the bonds. It looks like someone just used the same document, again.

People have noticed.
I'll be correcting this at the council meeting by amendment during this item to change the description.
 
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