Legislation Details

File #: 2026-963   
Type: New Business for Consideration or Action Status: Agenda Ready
File created: 3/26/2026 In control: City Council Regular Meeting
On agenda: 9/10/2026 Final action:
Title: Resolution authorizing the Mayor a portion of the proceeds of certain future borrowings to reimburse the 1990 Capital Projects Fund of the City for expenditures incurred prior to borrowing issuance. Resolution No.
Sponsors: Finance
Attachments: 1. Official Intent Reimbursement 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 1990 Capital Projects Fund of the City for expenditures incurred prior to borrowing issuance.

Resolution No. 

 

 

 

 

 

 

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Finance Information:

 

Account Number: 4025

City Cost Amount: $ 21,500,000.00

Total Cost: $ 21,500,000.00

Special Circumstances:

 

Grant Funded: $ N/A

Grant Title - CFDA or granting Agency: N/A

Resolution #: N/A

 

Location: (list below)

 

Address:  N/A

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

 

Additional Comments:  

The debt service created by these series of borrowings will be funded by the 1990 Capital Improvement Fund.