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Council holds two public hearings on proposed water bonds; no vote to issue bonds
Summary
The Blue Island City Council opened and adjourned two public hearings on proposed general obligation limited-tax bonds for water infrastructure — one cited "not to exceed 1.79" (units not specified in the notice) and a second for $10,000,000 — and took no action to issue debt at the meeting.
The Blue Island City Council opened two public hearings on Sept. 24 about proposed general obligation limited-tax bonds for water infrastructure and then adjourned the hearings after calling for public comment; no bond issuance vote occurred that night.
The first hearing was noticed as a proposed issuance "not to exceed 1.79 pursuant to 15.01 of the ongoing…
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