Authorize issuance of Adjustable Rate General Obligation Bonds, Series 2020A

Final Ordinance Ordinance No. 4328

What this is

The city proposes to issue Adjustable Rate General Obligation Bonds, Series 2020A. Council would adopt Ordinance No. 4328 to authorize the sale.

Adjustable rate bonds carry interest-rate risk that can affect city finances and indirectly the tax rate over time.

Approved

Motion to adopt Ordinance No

Seconded by Ken Hutchenrider.

7 yes · 0 no

The approved minutes report the tally without a name-by-name roll call.

Approved Budget & tax April 27, 2026

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.
Status unknown Other February 23, 2026

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.
Approved Resolution February 23, 2026

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.
Approved Resolution February 9, 2026

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.
Status unknown Discussion February 2, 2026

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.