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Administration seeks approvals for planning contract, Clinton Arms transfer, CPACE fixes and $30M bond notes
Summary
Economic & Housing Development asked council to add starters including a 2026 professional-services contract for a planning consultant, financial-assignment approval for 72 Section 8 units at Clinton Arms, CPACE language corrections requested by the state, and a resolution to sell $30 million in bond anticipation notes.
Economic & Housing Development and finance officials asked the council on March 3 to consider several added starters and a financing resolution tied to previously approved borrowing.
Brandy Daniel, legislative coordinator for Economic & Housing Development, presented three added-starter items: a professional-services contract (item 260043) to pay Nichuarine Group for planning-consultant work dating from Jan. 1 and to cover 2026 work; assignment and assumption (item 260131) transferring property and the city's financial agreement from Clinton Arms…
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