Item Coversheet

Council Communication

Department: Finance
Case/Project No.:
Submitted by: Kathryn Knott 		Resolution 19-68
ITEM 5.F.		Council Action: 3/11/2019
Description

Resolution instituting proceedings to take additional action for the issuance of General Obligation Bonds, not to exceed $6,680,000.
Background/Discussion

The City of Council Bluffs has established this time and place for a public hearing on the issuance of General Obligation Bonds for essential corporate purpose in an amount not to exceed $6,680,000.

 

The purpose of the bonds is to provide funding for the FY20 CIP improvements classified for bonding purposes as essential corporate purpose bonds. The bond amount allows for the costs related to issuing the bonds.

Recommendation

Adoption of the resolution is recommended.
ATTACHMENTS:
DescriptionTypeUpload Date
Resolution 19-68Resolution3/5/2019