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Council sets bond-sale date, approves preliminary statements and passes utility-rate ordinances
Summary
Council set an April 23, 2026 sale date for the GEO corporate-purpose bond and passed multiple utility-rate ordinances on second consideration (reported 5-0). Staff cited the city’s top-tier bond rating and outlined modest irrigation, sewer and stormwater increases.
The Clive City Council on April 9 authorized staff to proceed with a GEO corporate-purpose bond sale and approved utility-rate ordinances on second consideration. Staff said the city maintained its top-tier rating and recommended setting the bond sale date for the next council meeting, April 23, 2026, and authorizing use of the preliminary official statement.
Liz (staff)…
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