CouncilTrac · Matter
What this is
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.
Why it matters
The terms of this bond sale determine how much residents ultimately pay in debt service on city capital projects.
Council action
Motion to approve the Consent Agenda as presented
Moved by Ken Hutchenrider. Seconded by Jennifer Justice.
7 yes · 0 no
The approved minutes report the tally without a name-by-name roll call.
Timeline
- July 9, 2026 Agenda posted — April 27, 2026 meeting
- April 27, 2026 Vote taken — April 27, 2026 meeting · Approved 7-0
Appearances on agendas
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City Council — April 27, 2026
Review and discuss bond sale
Official agenda language
REVIEW AND DISCUSS THE 2026 GENERAL OBLIGATION BOND AND CERTIFICATES OF OBLIGATION SALE
Documents
Related matters
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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.
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Second public hearing on the 2026 bond program
This is the second of the public hearings where residents can give input on the proposed 2026 bond program before the council moves forward.