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 safety communications district to acquire tornado sirens, communications infrastructure and software; and up to $4 million for the metropolitan thoroughfare district to purchase eight to 10 snow trucks and other specialized Department of Public Works equipment. Karen said the bonds will carry a not‑to‑exceed interest rate of 6.5% and a term not to exceed 20 years.

“I hope to price the bonds this month yet,” Karen said during the presentation, describing staff plans for a pricing timetable and inviting questions. No substantive questions were raised during the presentation.

A motion to approve Resolution No. 4 was made and seconded. The board approved the resolution by voice vote; the transcript records a voice “aye” but does not give a numeric roll‑call tally. The board directed staff to proceed with pricing and closing in accordance with the timeline Karen described.

Why it matters: the authorized bond proceeds will fund public‑safety and street‑maintenance capacity the city said it needs before winter and next year’s construction season. The board noted the plan is to price the bonds before Thanksgiving and to close in December so funds are available before year‑end.

What’s next: staff and the municipal and underwriting teams will finalize documents, seek market pricing and return to the board as needed with closing documentation.