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Knoxville council sets date for sale of General Obligation Bonds, approves consent agenda
Summary
At its March 16 meeting the Knoxville City Council unanimously approved an amended consent agenda that included a tax-abatement resolution and a public hearing date to set property tax levies; the council also approved a resolution setting a date for the sale of General Obligation Corporate Purpose Bonds, Series 2026 and authorized use of a Preliminary Official Statement.
The City Council of Knoxville, Iowa, voted unanimously March 16 to approve an amended consent agenda and to set a date for the sale of General Obligation Corporate Purpose Bonds, Series 2026.
Mayor Brian Hatch called the meeting to order and the council approved the amended consent agenda on a motion by Council member Dan Losada, seconded by Council member Dawn Rankin. The consent agenda included approval of March 2 minutes; acceptance of Parks & Recreation and Airport Commission meeting minutes; acceptance of Knoxville Police and Fire Department February 2026 reports; approval of February financials; garbage hauler and recycling licenses; a Class C retail alcohol license for Bottoms Up; a resolution approving a tax abatement for construction of a new commercial property; and setting a public hearing for April 6, 2026, at 5:30 p.m. to set property tax levies.
Council member John Gotta moved, seconded by Council member Chris Nichols, to approve a resolution setting a date for the sale of General Obligation Corporate Purpose Bonds, Series 2026, and to authorize use of a Preliminary Official Statement in connection with the sale. The motion passed unanimously.
The council also approved payment of claims on a motion by Council member Dawn Rankin, seconded by Council member Dan Losada; that motion likewise passed unanimously. The minutes record a lengthy claims list, with several larger payments noted, including a CDBG-DTR pay application to Christner Contracting for $129,851.33, Wendel professional services billed at $161,658.87, and a VA Phase 2 street-lighting charge of $35,314.55. Other recorded payments include a 50% billing for a Practice Sports batting cage at $22,869.60 and routine purchases for city operations and utilities.
Actions taken at the meeting are procedural and set the process for upcoming financing and budget work: the bond sale resolution authorizes the city to proceed with preparing a Preliminary Official Statement for the public offering; the April 6 public hearing on property tax levies will allow the council to receive public comment and adopt levy rates thereafter.
The council adjourned at 6:19 p.m.
