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Council votes to advance annexation finances after hearing bond-fund estimate
Summary
Council directed staff to refine annexation financing and obtain a written reimbursement figure from the county after staff said there is approximately $396,000 in bond funds and that roughly $118,000 could go to county reimbursement; council voted to continue the annexation process to the next steps.
City staff updated the council on an ongoing annexation proposal and the related use of remaining bond funds. The chair said the capital project bond fund "has $396,000 in that" and staff explained that a portion — roughly $118,000 — would be reimbursed to the county; the remainder would need to be spent on qualifying infrastructure projects (water, storm sewer or sanitary sewer) within the required time frame. Council discussed potential eligible projects and the need for an exact invoice from the county to move forward.
After discussion about engineering needs and timing, a council member moved to continue with next steps — refine cost estimates, obtain the county’s formal reimbursement figure and initiate necessary contact steps for annexation financing — and the motion passed by voice vote. Staff said the next actions are to secure a firm dollar amount in writing from the county and then return to council with a more detailed recommendation.
