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Council committee advances budget amendment and $5.2 million note issuance for street work; finance consultant renewal moves ahead
Summary
The committee recommended council consider Ordinance 64-2025 (budget amendments) and Ordinance 65-2025 (issuance of up to $5.2 million in notes for street improvements) and moved Resolution 53-2025 renewing a financial consulting contract to third reading.
The Committee of the Whole on April 22, 2025, recommended that council take up a budget amendment ordinance and a note-issuance ordinance intended to fund major street projects.
Ordinance 64-2025, introduced by the administration, is a budget ordinance to make appropriations for the fiscal year ending Dec. 31, 2025, and to amend prior ordinances. Committee members said the finance committee reviewed the matter and recommended passage to council.
Ordinance 65-2025, introduced by Mayor Thomas, would authorize issuance and sale of notes not to exceed $5,200,000 to pay costs of improving streets and roads by constructing, resurfacing, curbing, draining and related work. Committee members discussed prior presentations on funding and agreed to move the measure forward to allow the city to issue bids for the work.
The committee also moved Resolution 53-2025, a second-reading resolution introduced by Mayor Thomas that would renew the city’s annual agreement with Rock Mill Financial Consultants Inc. for financial consulting services, to third reading because no new information was available.
Nut graf: Committee members recommended council action so the administration can proceed with bidding and financing steps for what members described as one of the city’s largest road projects; the financing and budget ordinances will appear on a future council agenda for formal readings and votes.
Votes and motions at the committee meeting show members present and recording affirmative votes to recommend the measures to council. The discussion referenced prior presentations by Dan Connolly and David Conley on the funding and scope of the road work; the transcript does not include the full staff presentations.
Ending: The ordinances will return to the council agenda for additional readings and final votes; the city did not provide estimated timelines for bid awards or construction start dates during the committee discussion.
