Meeting participants approved two resolutions to appoint paying agents and authorize the issuance of general obligation bonds totaling $7,200,205 and amended the tax levy to repay the bonds.

The measures matter because they commit the issuing jurisdiction to levy taxes to pay debt service and require ongoing disclosure to investors, affecting the municipality's borrowing and taxpayers' obligations.

One resolution (25 2 33 a and b) authorized the appointment of a paying agent, bond register and transfer agent and approved the related agreement, and provided for the issuance of a $2,200,000 taxable general obligation bond series 2025 B and an amendment to the levy of taxes to pay the bonds. A second resolution (25 2 34 a and b) appointed UMB Bank N.A. of West Des Moines, Iowa, to serve as paying agent, bond register and transfer agent, approved the agreement, and authorized the issuance of a $5,000,205 general obligation bond series 2025 A, amending the levy of taxes to pay the bonds and approving the continuing disclosure certificate and a tax-exempt certificate referenced in the resolution.

Procedural actions on both items were brief. For the first resolution, a motion to approve was made by Staff member 2 and seconded by Staff member 1; the presiding participant called for a voice vote and those present responded “Aye.” For the second resolution, a motion to approve was moved and seconded during the meeting and the presiding participant again called for a voice vote; the response was recorded as “Aye.” No opposing votes were recorded in the transcript.

The resolutions specified two standard municipal finance steps: naming a paying agent and related service providers, and approving disclosure and tax-levy adjustments required to issue the bonds. Transcript remarks did not include further details about the intended use of bond proceeds, repayment schedules, exact tax-levy changes, or a roll-call vote; those items were not specified in the meeting transcript and therefore are not reported here. The transcript also did not identify the governing body by name.

No members of the public requested to speak on the bond measures, and the meeting was adjourned shortly after the votes.