Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Hays commission authorizes bonds and notes to fund Grove RHID, Exit 161 and city projects
Summary
The Hays City Commission approved resolutions authorizing general obligation bonds and temporary notes to finance the Grove RHID public infrastructure, Exit 161 improvements, an automated metering project and a police/courts facility; commissioners approved sale authorizations and a calendar for bids and closing.
The Hays City Commission on July 10 voted unanimously to authorize the sale of bonds and temporary notes to finance multiple infrastructure projects, including public improvements for the Grove RHID and preliminary work near Interstate 70 Exit 161.
Kim Rupp, city staff, described two resolutions: a project authorization to permit the city to issue general obligation debt for the Grove RHID and Exit 161 improvements and a sale authorization to allow staff and advisors to prepare and offer bonds and temporary notes for sale. Rupp said the Grove public infrastructure is estimated at about $3,675,000 with a taxable component of $825,000; Exit 161 infrastructure improvements were estimated at about $4,000,000 net of an…
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
