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Sherwood council approves consent agenda including council goals and loan authorization; URA pledges revenue for Ice Age Drive loan

5745976 · March 19, 2025
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Summary

At its March 18 meeting the Sherwood City Council approved its consent agenda — including adoption of FY25-26 council goals and authorizations for an OTIB loan and an intergovernmental agreement for sewer work — and the Urban Renewal Agency passed a parallel resolution pledging revenue for the Ice Age Drive loan.

The Sherwood City Council on March 18 unanimously approved its consent agenda, which included four items: approval of the March 4, 2025 council meeting minutes; Resolution 2025-015 adopting city council goals and deliverables for fiscal year 2025–26; Resolution 2025-016 authorizing the city manager to execute an Oregon Transportation Infrastructure Bank (OTIB) loan for construction of Ice Age Drive; and Resolution 2025-017 authorizing…

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