Legislation Details

File #: 2026-1155   
Type: New Business for Consideration or Action Status: Agenda Ready
File created: 10/8/2026 In control: City Council Regular Meeting
On agenda: 10/22/2026 Final action:
Title: Resolution authorizing the Mayor a portion of the proceeds of certain future borrowings to reimburse the Huntsville City Schools Capital Project Fund of the City for expenditures incurred prior to borrowing issuance. Resolution No.
Sponsors: Finance
Attachments: 1. Public School Improvements Complete.pdf
Date Action ByActionResultAction DetailsMeeting DetailsVideo
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Department:  Finance

Subject:                                                                                                                                                Type of Action:   Approval/Action                 

title
Resolution authorizing the Mayor a portion of the proceeds of certain future borrowings to reimburse the Huntsville City Schools Capital Project Fund of the City for expenditures incurred prior to borrowing issuance.

Resolution No. 

 

 

 

 

 

 

body

Finance Information:

 

Account Number: TBD

City Cost Amount: NTE $125 Million in Principal Issued - Debt Service will be paid from the 6.5 Mills Fund, managed by the City. 

Total Cost: Not More Than $125,000,000.00 issuance of principal.

Special Circumstances:

 

Grant Funded: $ N/A

Grant Title - CFDA or granting Agency: N/A

Resolution #: N/A

 

Location: (list below)

 

Address: 

District: District 1  N/A   District 2  N/A     District 3  N/A     District 4  N/A    District 5  N/A

 

Additional Comments: