Item Coversheet

Council Communication

Department: Finance
Case/Project No.:
Submitted by: Kathryn Knott 		Resolution 19-66
ITEM 5.D.		Council Action: 3/11/2019
Description

Resolution instituting proceedings to take additional action for the issuance of General Obligation Bonds, not to exceed $700,000.
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 general corporate purpose in an amount not to exceed $700,000.

 

The purpose of the bonds is to provide funding for the Information Technology upgrades per the FY20 CIP classified for bonding purposes as general 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 19-66Resolution3/5/2019