Lincoln council adopts procurement code changes, lowers CFD tax methodology and authorizes Sorrento Village bond refunding

Lincoln — The Lincoln City Council on April 14 adopted a set of administrative changes to the city’s purchasing code, approved a revised tax methodology for Community Facilities District (CFD) 2018‑2 intended to lower maximum tax rates for most properties in that district, and authorized the issuance of refunding bonds for Lincoln CFD 2005‑1 (Sorrento Village).

At the start of the meeting staff presented an ordinance redline amending sections of Lincoln Municipal Code chapters 3.24 and 3.26 to streamline procurement processes, clarify the definition of "qualified vendors," and require a quarterly posting of purchase summaries on the city website. The proposed ordinance also adds a statutory exemption for services identified in government code section 4525 and reduces an internal purchasing limit in section 3.24.0.91 from $100,000 to $75,000. City staff said the redline had been provided at council dais and to the public after a technical upload issue.

"Everything that we do within this document is there for the public protection," Mayor Pearl said during the public hearing, praising staff for the update. Council moved to adopt the ordinance with the…