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Riverside council adopts up to $6.1 million bond anticipation notes for building improvements
Summary
Riverside City Council adopted Ordinance 25-0874 to authorize up to $6,100,000 in building improvement special obligation bond anticipation notes (series 2025/2026), pledging revenues and declaring an emergency. A public hearing was held with no public comment and the vote was unanimous.
Riverside City Council voted unanimously to adopt Ordinance 25-0874, authorizing the city to issue up to $6,100,000 in building improvement special obligation bond anticipation notes, series 2025/2026, in anticipation of a later bond issuance and pledging revenues for repayment.
City Manager Cliff…
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