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Prattville council approves $14.83 million general obligation warrant for city projects
Summary
The Prattville City Council voted to authorize issuance of $14,830,000 in general obligation warrants (Series 2025) to finalize financing for a list of capital projects; finance staff said the sale and pricing are complete and the issuance is the final step in an authorization process that began in 2024.
The Prattville City Council voted to authorize issuance of $14,830,000 in general obligation warrants Series 2025 to finance multiple city capital projects and approved the final pricing for the sale.
Council suspended the usual rules to allow an immediate vote; a roll-call to suspend rules recorded unanimous support from all council members present. Daniel Oakley, the city finance director, told the council the sale is the final step in a financing process the council began last…
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