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Council hears annual assessments and debt plan: up to $28.1 million in notes and multiple capital issuances proposed
Summary
Finance staff presented the city's annual assessed services levies and proposed note issuances, including a city services note not to exceed $28.1 million, sidewalk notes and a package of general obligation issuances to fund equipment, vehicles and major road projects.
The Department of Finance presented multiple ordinances July 8 related to 2024 assessed services, special assessments for street services and a package of debt-issuance proposals to fund planned capital projects.
Melanie Campbell and debt manager Jamie Tackett explained the assessed-services ordinances (street services, downtown and citywide street lighting, and street-tree maintenance) are annual levies certified to Lucas County for collection on property tax…
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