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Council approves FY26–27 fee schedule and ratifies JPA bond letter‑of‑credit renewal 5–0
Summary
The council approved the city’s annual fee schedule — including a 50% reduction to a residential heat‑pump water‑heater fee and new BMR monitoring fees — and ratified a three‑year renewal of a letter of credit for 2007 variable rate bonds securing public safety project financing.
The City Council unanimously approved the fiscal year 2026–27 comprehensive fee schedule and ratified a renewal of the letter of credit for variable‑rate demand revenue bonds tied to a 2007 public safety project.
Senior management analyst Carly Toffee summarized proposed changes to the fee schedule, noting most adjustments are cost‑recovery tied to CPI…
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