Council approves consent resolutions including $150 million revenue bond authorization for Midwestern University
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Glendale’s council approved four consent resolutions on Aug. 26: authorizing industrial development authority proceedings for Midwestern University revenue bonds up to $150 million, amending a telecom license agreement, and entering intergovernmental agreements for fire training and street lighting.
The Glendale City Council unanimously approved four consent resolutions at its Aug. 26 voting meeting. Resolution R25-83 approves proceedings of the Industrial Development Authority regarding issuance of revenue bonds for Midwestern University in one or more series in an aggregate principal amount not to exceed $150,000,000. Resolution R25-84 authorizes the city manager to execute Contract Amendment No. 1 to the wired telecommunications license and right-of-way use agreement with Level 3 Telecom of Arizona LLC (formerly TW Telecom of Arizona LLC). Resolution R25-85 authorizes an intergovernmental agreement with the city of Scottsdale for fire-service training. Resolution R25-86 authorizes an intergovernmental agreement with Maricopa County for street lighting on Cotton Lane between Bethany Home Road and Glendale Avenue in unincorporated Maricopa County. Miss Barr read the resolutions by number and title on the record. Councilmember Milner moved approval; Vice Mayor Lauren Tomachoff seconded. A roll-call vote recorded unanimous ayes. The Midwestern University item on the record authorizes the Industrial Development Authority proceedings and approves issuance of city-related revenue bonds up to $150 million; the resolution text and bond issuance specifics will be handled through the authority’s proceedings and related documentation. The telecom amendment updates the city’s wired telecommunications license and right-of-way agreement with Level 3 Telecom; the council did not discuss contract terms on the record. The two intergovernmental agreements set terms for training with Scottsdale and for county-managed street lighting on Cotton Lane; specific funding or term details were not discussed during the consent vote. Because these items were on the consent calendar, the council considered them in one motion after Ms. Barr presented the titles and brief descriptions.
