The Lincoln City Council held a public hearing on Dec. 1, 2025, at 6:00 p.m. to receive comment on a proposed issuance of municipal bonds to finance capital expenditures and to pay costs of issuance. An unidentified presiding official opened the hearing and cited the Bond Issue Notification Act and other state laws as the legal basis for the meeting.

The presiding official told attendees that notice of the hearing had been published on Nov. 24, 2025, in the Lincoln Courier, a newspaper of general circulation in the city, and that the bond proceeds would be used for capital projects in the city and to cover related issuance costs. "This public hearing is required by sections 10 and 20 of the Bond Issue Notification Act of the State of Illinois, as amended," the presiding official said.

The official explained that residents, taxpayers and other interested persons would be given the opportunity to express views for or against the proposed financing and the purposes of the bonds. When asked whether anyone wished to submit written comments, the presiding official stated, "For the record, there is no written comments to be received." The official then asked if anyone wished to speak; the record shows, "For the record, there is no public participation."

After receiving no testimony or written submissions, a motion to adjourn the public hearing was made by Alderman O'Donoghue and seconded by an alderman identified in the transcript as Clemens (the transcript also uses the spelling "Clemons" in one place; the record contains this inconsistency). The presiding official called for a voice vote, asking, "All in favor, say aye," and recorded the affirmative response. The official then stated, "All opposed, same sign." The presiding official concluded, "This public hearing is adjourned at 06:02PM."

The hearing record indicates it was conducted pursuant to sections 10 and 20 of the Bond Issue Notification Act of the State of Illinois and the referenced municipal statutes, and that no public testimony or written comments were added to the record at this session. The city did not present additional details on the size, structure or timing of the proposed bond sale during this hearing; those specifics were not specified in the hearing record.

No further action was taken at the meeting beyond adjourning the hearing; any subsequent council action on the bond proposal would be subject to future agenda postings and required legal processes.