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City council approves resolution authorizing mayor to accept donations of stocks and bonds
Summary
At the meeting council members moved and approved Resolution 25-02 to allow the mayor or a designee to accept donations of stocks, bonds or similar financial instruments for city capital projects; the item drew related executive-session discussion of contractual notice, with votes taken in closed session (details not specified).
The City Council approved Resolution 25-02, authorizing the mayor or a designee to accept donations of stocks, bonds or similar financial instruments for city capital purposes.
Unidentified Speaker introduced the resolution and moved it onto the agenda; the motion was seconded and later recorded as "Motion carries." The resolution language was described as…
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