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Council approves up to $725,000 in notes for storm-sewer projects
Summary
Council enacted Ordinance 2026‑07 to authorize up to $725,000 in notes to pay part of the cost of trunk storm sewers and related expenses; the measure was passed as an emergency after suspension of the rules to meet filing deadlines.
Council passed Ordinance 2026‑07 on an emergency basis to authorize issuance of notes not to exceed $725,000 to fund portions of several storm-sewer projects, including the Lake Street trunk storm sewer, the Pinehurst Street trunk storm sewer and the Southland Road storm sewer, and related expenses.
Administration indicated the ordinance must be passed at tonight’s meeting to meet a filing deadline. Council moved to suspend the rules and then to pass the ordinance; roll-call votes recorded affirmative responses across the council and the presiding officer declared the motion passed.
The ordinance was described as necessary to meet the timetable for tax‑budget and debt filing requirements; council members emphasized the need to pass the measure tonight to preserve the financing schedule. The financing will proceed according to the ordinance and the city’s debt procedures, with subsequent administrative steps to finalize note issuance and project contracting.
