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Moody City Council unanimously adopts two ordinances to refinance warrants and authorize 2022-A warrant
Summary
Moody City Council on Feb. 28 unanimously adopted two ordinances to refund prior warrants and authorize a General Obligation Warrant, Series 2022-A, and approved setting aside proceeds from a recent sewer sale for capital improvements.
The Moody City Council voted unanimously Feb. 28 to adopt two ordinances to refinance outstanding warrants and to authorize a new general obligation warrant that will help refund prior debts.
Mayor Joe Lee introduced Ordinance M2022-02-28, described in the meeting as "AN ORDINANCE AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION WARRANT, SERIES 2022-A," to refund the expense for a fire ladder truck. Council Member Linda Crowe moved to suspend the rules; Nick Rutledge seconded and a roll-call vote was recorded as all present…
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