Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
City council approves bond-refinancing ordinance, equipment purchases, private-club permit and a vehicle-leasing program
Summary
Council voted unanimously on a package of measures including a parameters ordinance to refinance 2016 wastewater bonds, appropriation of funds for trucks and ballistic plates, a private-club permit for Waldos Chicken and launch of a vehicle-leasing program with Enterprise.
The Conway City Council conducted its business session after a sanitation briefing and approved a slate of ordinances and resolutions ranging from a bond-refinancing parameters ordinance to equipment purchases and a vehicle-leasing program.
Council adopted a parameters ordinance (O26-15) to allow refinancing of the outstanding 2016 wastewater revenue bonds for potential debt-service savings; staff said the measure would not extend maturities or increase principal but would position the city to act if market conditions improve. Gordon Wilbert presented the refinancing rationale and the ordinance passed on a recorded vote.
Council approved an accounting ordinance accepting a $5,000 Conway…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
