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Bond Bank approves Resolution No. 4 authorizing up to $21 million in GO bonds for city projects
Summary
Karen, staff member, told the board that Resolution No. 4 seeks authorization to issue up to $21 million in general‑obligation bonds to fund city projects, including a new firehouse, public‑safety communications upgrades and snow‑removal equipment.
Karen, staff member, told the board that Resolution No. 4 seeks authorization to issue up to $21 million in general‑obligation bonds to fund city projects, saying the package would cover a new firehouse, public safety communications upgrades and fleet purchases.
The resolution allows the bond bank to issue funds for three categories of qualified‑entity bonds: a new firehouse at Station 3433 on the west side; up to $8.5 million for the public…
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