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Altoona council authorizes up to $7.5 million in 2025B urban renewal notes; approves plats, church site plan and fee increase
Summary
At its April 7 meeting the Altoona City Council approved steps to issue up to $7.5 million in 2025B General Obligation Urban Renewal notes, approved subdivision plats and a church site plan, and OK'd a 2.6% management-fee increase for the Townsend Community Center; the council also approved consent items including three contractor pay applications.
The Altoona City Council on April 7 authorized steps to issue the 2025B General Obligation Urban Renewal Notes — the city’s annual borrowing for public works — not to exceed $7.5 million and approved multiple land-use and administrative items during a meeting that ran from 6:30 to 7:07 p.m.
Finance Director Andy Lent opened a public hearing on the 2025B notes and told the council the hearing and accompanying resolution concern the 2025B series, which the city plans to use for capital improvements. No members of the public spoke during the hearing; the council then adopted a resolution taking additional action on the loan agreement by roll call vote (5-0).
The meeting included several development approvals. Community Development Director John Shaw presented the Eastpointe Parkway Plat 8 preliminary plat to subdivide an…
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