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Council hears second reading for $2.74 million wastewater bond; motion made to adopt resolution 26.07
Summary
On second reading, Councilor Ken Holmes moved to adopt Resolution No. 26.07 authorizing a general obligation bond/anticipation note for wastewater treatment plant and Main Avenue Pump Station Phase 2 upgrades with a not-to-exceed amount of $2,740,000; the motion was seconded by Councilor Tim Cusick. The transcript does not include a public roll-call recording of the final adoption.
The Gardiner City Council took up the second reading of a financing measure for wastewater infrastructure on March 18, with Councilor Ken Holmes moving to adopt Resolution No. 26.07 authorizing the interim city manager to acquire a general obligation bond/anticipation note to fund Phase 2 upgrades at the wastewater treatment plant and Main Avenue Pump Station.
In the motion, councilors discussed a not-to-exceed amount that was clarified in discussion as $2,740,000. Councilor Holmes made the motion to adopt the resolution "as written, and to authorize the interim city manager to acquire a general obligation bond in anticipation of the general obligation bond," and Councilor Tim Cusick seconded the motion.
Mayor Patricia Hart confirmed this was the second reading and adoption step and moved the item forward on the agenda. The transcript records the motion and second and several council clarifications about the amount; it does not record a public roll-call vote or show the mayor announcing a final tally on the record in the hearing transcript excerpt.
The stated purpose of the bond is to finance Phase 2 upgrades at the wastewater treatment plant and improvements to the Main Avenue Pump Station. The council discussed the amount and briefly made light remarks about other possible purchases during the exchange, but the substance of the motion was the authorization and not-to-exceed amount.
Next steps: the motion had been made and seconded in council; any final action or formal adoption record should be confirmed in the official minutes or subsequent meeting packet if not visible in the transcript.
