Laserfiche WebLink
Councilmember Litten made a motion, seconded by Chairman Bullock to recommend <br /> adoption of Ordinance 41-2020 to the full Council. <br /> A roll call vote was taken as follows: <br /> Yeas - Bullock, Litten, Neff <br /> Nays - None <br /> Motion passed. Ordinance 41-2020 was recommended for adoption. <br /> ORDINANCE 42-2020 -Authorizing the issuance of special obligation income tax <br /> revenue notes in the amount of not to exceed $4,000,000 in anticipation of the <br /> issuance of bonds; to pay costs of designing, engineering and constructing water <br /> improvements, together with all necessary appurtenances thereto; <br /> providing for the pledge of revenues from the city's 1.50% income tax to secure the <br /> payment of the principal of and interest on the notes in anticipation of bonds; and <br /> approving related matters; and declaring an emergency (Placed on 1st reading and <br /> referred to Finance 12/21/20; 2nd reading 1/4/21) <br /> Councilmember Litten made a motion, seconded by Chairman Bullock to recommend <br /> adoption of Ordinance 42-2020 to the full Council. <br /> A roll call vote was taken as follows: <br /> Yeas - Bullock, Litten, Neff <br /> Nays - None <br /> Motion passed. Ordinance 42-2020 was recommended for adoption. <br /> Approval of the minutes of the Finance Committee held January 11, 2021. <br /> Chairman Bullock made a motion,seconded by Councilmember Litten to approve the <br /> minutes from the committee's January 11th meeting. <br /> A roll call vote was taken as follows: <br /> Yeas - Bullock, Litten, Neff <br /> Nays - None <br /> Motion passed. The minutes were approved. <br /> ORDINANCE 43-2020 -Authorizing the issuance of special obligation income tax <br /> revenue notes in the amount of not to exceed $350,000 in anticipation of the <br /> issuance of bonds; to pay costs of improving sidewalks within the city; providing for <br /> the pledge of revenues from the city's 1.50%income tax to secure the payment of the <br /> principal of and interest on the notes in anticipation of bonds; and approving related <br /> matters; and declaring an emergency (Placed on 1st reading and referred to Finance <br /> 12/21/20; 2nd reading 1/4/21) <br />