Background/Discussion
It is deemed necessary and advisable that the City of Council Bluffs should issue General Obligation Bonds, to the amount of not to exceed $11,000,000 as authorized by Section 384.26 of the Code of Iowa, for the purpose of providing funds to pay costs of carrying out essential corporate purpose projects.
Before the Bonds may be issued, it is necessary to comply with the provisions of Chapter 384 of the Code of Iowa, and to publish a notice of the proposal to issue such Bonds and the right to petition for an election.