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MIN 12-21-20
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MIN 12-21-20
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1/27/2021 10:34:07 AM
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1/27/2021 10:33:59 AM
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Office Of Council
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Minutes
Date
12/21/2020
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Yeas —Bullock, Kepple, Litten, Neff, O'Malley, Rader, Shachner <br /> Nays —None <br /> Motion passed. The communication was received and filed. <br /> 29. Communication from Director Rancatore regarding 2021 debt issuance ordinances. (pg. <br /> 92) <br /> President O'Malley made a motion, seconded by Vice President Litten to receive and file the <br /> communication. <br /> A roll call vote was taken as follows: <br /> Yeas —Bullock, Kepple, Litten, Neff, O'Malley, Rader, Shachner <br /> Nays —None <br /> Motion passed. The communication was received and filed. <br /> President O'Malley made a motion, seconded by Councilmember Bullock to suspend the rules <br /> to allow for the reading of items 430 through 437 collectively so that they may be referred <br /> simultaneously. <br /> A roll call vote was taken as follows: <br /> Yeas —Bullock, Kepple, Litten, Neff, O'Malley, Rader, Shachner <br /> Nays —None <br /> Motion passed. The communication was received and filed. <br /> 30. ORDINANCE 40-2020 - Authorizing the issuance of special obligation income tax <br /> revenue notes in the amount of not to exceed $1,500,000 in anticipation of the issuance of <br /> bonds; to pay costs of improving Detroit Road, Hilliard Road and other streets located <br /> within the city, between certain termini, by resurfacing and replacing concrete, together <br /> with all necessary appurtenances thereto; providing for the pledge of revenues from the <br /> city's 1.50% income tax to secure the payment of the principal of and interest on the notes <br /> in anticipation of bonds; and approving related matters; and declaring an emergency (pg. <br /> 93) <br /> 31. ORDINANCE 41-2020 - Authorizing the issuance of special obligation income tax <br /> revenue notes in the amount of not to exceed $250,000 in anticipation of the issuance of <br /> bonds;to pay costs of replacing or improving the roof of the public works garage and other <br /> public buildings, together with all necessary appurtenances thereto; providing for the <br /> pledge of revenues from the city's 1.50% income tax to secure the payment of the principal <br />
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