Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Council authorizes publication of notice to issue up to $2.1 million in bonds for Rotary Park
Summary
Trenton city council voted unanimously to publish a notice of intent to issue capital improvement bonds of up to $2.1 million to fund the balance of the Rotary Park project; the resolution includes provisions to comply with IRS reimbursement rules and allows the city to advance funds before bond proceeds are received.
City Administrator Kevin Creech told the Trenton City Council on Feb. 10 that the city will publish a notice of intent to issue capital improvement bonds of up to $2,100,000 to cover the remaining costs of the Rotary Park project.
The move, approved unanimously, directs the city clerk to publish a display advertisement in the News Herald announcing the city’s intent, the purpose and security for the bonds, and the 45-day period within which electors may…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
