CouncilTrac · Matter
Council discusses the 2023 general obligation bonds and certificates of obligation sale
What this is
Council will review and discuss the upcoming sale of general obligation bonds and certificates of obligation for 2023. This is a briefing session ahead of the formal votes appearing later on the agenda.
Why it matters
This debt will fund city capital projects and its terms affect how much residents ultimately pay.
Timeline
- July 10, 2026 Agenda posted — April 24, 2023 meeting
Appearances on agendas
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City Council — April 24, 2023
Review and discuss — no formal vote
Official agenda language
REVIEW AND DISCUSS THE 2023 GENERAL OBLIGATION BONDS AND CERTIFICATES OF OBLIGATION SALE
Documents
Related matters
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Discussion: 2026 general obligation bond and certificates of obligation sale
Council will review and discuss the upcoming sale of 2026 general obligation bonds and certificates of obligation, which are used to fund previously approved capital projects.
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Review bond and charter election communication plan
Council will review the city's plan for communicating with the public about an upcoming bond and charter election.
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Approve notice of intention to issue certificates of obligation
Council will consider a resolution authorizing publication of the legally required public notice that the city intends to issue certificates of obligation, a form of debt financing.
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Order a bond election for May 2, 2026
The council would formally call a bond election to be held on May 2, 2026, and make the administrative provisions needed to conduct it.
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Discussion: planned sale of Series 2026 city debt obligations
Council will review and discuss the city's plan to issue a new series of debt obligations in 2026. No formal vote is taken at this stage.