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Council to place two bond‑abatement resolutions on the regular agenda; TIF and general fund cited as payment sources
City of Lincoln Committee of the Whole · December 10, 2025
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Summary
Finance staff presented two routine resolutions to abate 2025 tax levies for GO bond debt service: $2,285,000 (2014 TIF‑backed bond) and $3,270,000 (2018 bond for the Jefferson School conversion). Staff said the TIF and other revenues will cover the obligations and the resolutions are required annually.
Finance officer Mister Conzo explained two resolutions Dec. 9 that would abate the 2025 tax levy for debt service on two general-obligation bond series. The first is a $2,285,000 GO bond…
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