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Canton City Council adopts a package of ordinances, including $1.25M bond anticipation notes and amended waterline contract
Summary
The council adopted ordinances 25–34 in a single session, approving revenue bond anticipation notes (up to $1.25 million and $710,000), multiple replat approvals, contract change orders for sewer projects and an amended professional services contract for a waterline replacement project.
Canton City Council on the evening's agenda adopted a package of ordinances that approved city financing, multiple replat actions and several public-works contract changes.
The council approved Ordinance 25 authorizing revenue bond anticipation notes in a maximum aggregate principal amount not to exceed $1,250,000 to fund part of an economic development project; the motion passed on a roll-call vote (10 ayes). Ordinance 26, authorizing revenue bond anticipation notes up to $710,000 to make a loan for economic development in the city, also passed (10 yeas).
Counc…
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