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Council adopts FY2027 capital plan and authorizes not-to-exceed loan notes for projects
Summary
The Clinton City Council adopted a $5.525 million FY2027 capital improvement plan and approved a series of not-to-exceed general obligation loan note authorizations — including ECP-1 ($9,425,000 not-to-exceed, schedule shows $5,370,000), GCP-2 ($795,000), GCP-3 ($600,000) and an urban renewal note (ECP/UR-4 $160,000). Council recorded roll-call approvals.
The Clinton City Council on March 10 adopted the city’s fiscal year 2027 Capital Improvement Plan, approving a CIP schedule that lists $5,525,000 under Go Bond 1 as the package the council will consider for funding. Council also moved forward multiple authorizations to issue general obligation capital loan notes as placeholders for financing the approved projects.
The plan and related proceedings were presented during a public hearing. A resident asked whether a $150,000 line item for council chambers modernization remained in the CIP;…
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