Boone council approves Crestwood easement and moves to pursue $1.3 million water‑revenue notes

The Boone City Council voted to authorize an easement across a portion of Crestwood Drive and to institute proceedings to pursue water‑revenue capital loan notes not to exceed $1,300,000.

Council considered Resolution No. 3488, authorizing grant of an easement across a portion of Crestwood Drive in Boone; the motion was moved, seconded and adopted by roll call with affirmative votes recorded for O Kelly, (transcript reads 'Mormon'/'Norman' in one roll call), Williamson, Angstrom, Hammer and Henson.

The council then opened and closed a public hearing on a separate financing matter before taking up Resolution No. 3489, which instructs staff to take additional steps toward authorizing a loan and issuance of water‑revenue capital loan notes not to exceed $1,300,000. The resolution passed by roll call, with affirmative votes recorded for Mormon, Lamson, Angstrom, Hammer, Henson and O Kelly.

Council members did not record any opposition during the votes. The resolutions advance the easement grant and the financing process; Resolution 3489 institutes the proceedings necessary to pursue the notes but does not itself finalize note issuance or spending details. Further steps will be required before any bonds or notes are sold or funds expended.

Votes at a glance: - Resolution 3488 (easement across Crestwood Drive): adopted by roll call; recorded affirmative votes included O Kelly, (transcription shows 'Mormon' in one roll call), Williamson, Angstrom, Hammer, Henson. - Resolution 3489 (institute proceedings for issuance of water‑revenue capital loan notes not to exceed $1,300,000): adopted by roll call; recorded affirmative votes included Mormon, Lamson, Angstrom, Hammer, Henson, O Kelly.

Next steps: Resolution 3489 begins the formal steps toward issuing the water‑revenue notes; staff will return with required documents and timelines for any actual sale or issuance.