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minfin 02-07-22
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minfin 02-07-22
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3/1/2022 4:37:28 PM
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Office Of Council
Document Type
Finance
Date
2/7/2022
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including Foster Pool and other park improvements, together with all necessary <br /> appurtenances thereto; providing for the pledge of revenue from the City's 1.50% income <br /> tax to secure the payment of the principal of and the interest on the notes in anticipation of <br /> bonds; and approving related matters. (1st read and referred to Finance 12/20/21;2'd reading <br /> 01/03/22) <br /> Motion by Chairman Shachner, seconded by Councilmember Bullock to recommend Ordinance <br /> 53-2021 for adoption by the full Council. All in favor. Motion passed. Ordinance 53-2021 was <br /> recommended for adoption by the full Council. <br /> ORDINANCE 54-2021 —AN ORDINANCE to take effect immediately provided it receives <br /> the affirmative vote of at least two thirds of the members of Council, or otherwise to take <br /> effect and be in force after the earliest period allowed by law, authorizing the issuance of <br /> special obligation income tax revenue notes in the amount of not to exceed $2,850,000 in <br /> anticipation of the issuance of bonds; to pay the costs of designing, engineering, and <br /> constructing sewer 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 payment <br /> of the principal of and interest on the notes in anticipation of bonds; and approving related <br /> matters. (1st read and referred to Finance 12/20/21;2'd reading 01/03/22) <br /> Motion by Chairman Shachner, seconded by Councilmember Bullock to recommend Ordinance <br /> 54-2021 for adoption by the full Council. All in favor. Motion passed. Ordinance 54-2021 was <br /> recommended for adoption by the full Council. <br /> ORDINANCE 55-2021 —AN ORDINANCE to take effect immediately provided it receives <br /> the affirmative vote of at least two thirds of the members of Council, or otherwise to take <br /> effect and be in force after the earliest period allowed by law, authorizing the issuance of <br /> special obligation income tax revenue notes in the amount of not to exceed $3,400,000 in <br /> anticipation of the issuance of bonds; to pay the costs of designing, engineering, and <br /> constructing water 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 payment <br /> of the principal of and interest on the notes in anticipation of bonds; and approving related <br /> matters. (1st read and referred to Finance 12/20/21;2'd reading 01/03/22) <br /> Motion by Chairman Shachner, seconded by Councilmember Bullock to recommend Ordinance <br /> 55-2021 for adoption by the full Council. All in favor. Motion passed. Ordinance 55-2021 was <br /> recommended for adoption by the full Council. <br /> ORDINANCE 56-2021 —AN ORDINANCE to take effect immediately provided it receives <br /> the affirmative vote of at least two thirds of the members of Council, or otherwise to take <br /> effect and be in force after the earliest period allowed by law, authorizing the issuance of <br /> special obligation income tax revenue notes in the amount of not to exceed $500,000 in <br /> anticipation of the issuance of bonds; to pay the costs of improving sidewalks within the <br /> City; providing for the pledge of revenues from the City's 1.50% income tax to secure the <br /> 4 <br />
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