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Council adds late item and approves sewage disposal system revenue bonds for wet-weather program

January 13, 2025 | Lansing City, Ingham County, Michigan


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Council adds late item and approves sewage disposal system revenue bonds for wet-weather program
The Lansing City Council added a late item to its Jan. 13, 2025 agenda and voted unanimously to proceed with authorizing sewage disposal system revenue bonds for the wet-weather control program's next phase.

Vice President Tamara Carter introduced the late item, saying the issuer had provided the paperwork late and that the council had reviewed the matter earlier in the Committee of the Whole. Carter moved approval to add and consider the bond authorization as a late resolution.

"This lay item was shared at the Committee of a Whole earlier today on the issuance of sewage disposal system revenue bonds... continuing with their next phase on the project for 2025," Vice President Tamara Carter said.

Council Members voted in favor of adding the resolution and approving the motion on the late item; the meeting record shows the motion passed unanimously.

Why it matters: Revenue bonds are the typical financing tool for utility capital programs. Authorizing revenue bonds allows the Board of Water and Light and the city to proceed with wet-weather control construction and associated engineering, procurement and contracting stages.

What comes next: Vice President Carter said the issuer had requested late placement; council approved adding the matter to the agenda and the bond authorization. The council did not provide additional project-level appropriation details or a bond amount in the public remarks on Jan. 13; staff or the Board of Water and Light must return required bond documents, final amounts and schedules for the record and any subsequent council acceptance.

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Scribe from Workplace AI
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