Knoxville council approves issuance of General Obligation Corporate Purpose Bonds, Series 2026

The City Council of Knoxville, Iowa, voted unanimously on March 24 to approve a resolution authorizing a loan agreement and the sale and issuance of General Obligation Corporate Purpose Bonds, Series 2026, and to levy taxes to pay the bonds.

The action took place during a special session convened at 5:30 p.m. in the Council Chambers of the Knoxville Municipal Building. Mayor Brian Hatch presided. Council Members Dawn Rankin, Dan Losada, John Gotta and Bridget Mohler were listed as present; Council Member Chris Nichols was recorded as absent. City Manager Heather Ussery, City Clerk Jodie Wyman, Police Chief Aaron Fuller and Fire Chief Cal Wyman were listed as staff in attendance.

The motion was made by Council Member John Gotta and seconded by Council Member Dan Losada. The minutes state, "The motion passed unanimously." The minutes do not list individual roll-call votes or the dollar amount of the bonds, nor do they specify projects or purposes the bonds will fund.

After the bond resolution was approved, Council Member Dawn Rankin moved, and Council Member Bridget Mohler seconded, to adjourn. The meeting was adjourned at 5:38 p.m., according to the minutes. The attestation lines in the minutes are signed by Mayor Brian Hatch and City Clerk Jodie Wyman.

The council minutes recorded the formal approval but provided no further detail on the loan agreement terms, bond amount, or specific uses. Those details would typically appear in the full resolution, bond documents or subsequent staff reports if released.