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Council approves minutes, claims, Ambrose on Main bond ordinance and two reimbursement resolutions
Summary
The Westfield Common Council approved minutes and claims, adopted an economic development bond ordinance for the Ambrose on Main project and passed two reimbursement resolutions for public-improvement projects, all by unanimous votes.
The Westfield Common Council on March 24 approved routine minutes and claims and adopted an economic development tax-increment bond ordinance for the Ambrose on Main project, plus two separate reimbursement resolutions for project expenses.
The council voted 7-0 to approve minutes from the March 10 meeting and to approve the claims docket for March 24. Councilors then approved Ordinance 25-12, authorizing issuance of economic development tax increment revenue bonds to support the Ambrose on Main mixed-use development. The council also passed Resolution 25-112, which clarified intent to reimburse project expenditures from future bond proceeds for several public improvements, and Resolution 25-114, to reimburse expenditures related to Fire Station 84. All votes recorded were unanimous (7-0).
Why it matters: The bond ordinance and reimbursement resolutions position the city to support private development and to…
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