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CDA approves resolution to redeem 2017 lease revenue bonds
Summary
The CDA approved a resolution authorizing redemption of Community Development lease revenue bonds, series 2017A (dated 07/13/2017); a committee member moved, another seconded, and the motion carried after an aye vote.
At the meeting the board considered a resolution authorizing redemption of Community Development lease revenue bonds, series 2017A, dated July 13, 2017.
A committee member moved to approve the resolution and another member seconded the motion. Chair called for the vote: "All in favor signify by saying aye," and the board responded and the motion carried.
No roll-call vote with named tallies was recorded in the transcript; the minutes-style record shows the motion passed. The resolution text was not read in full during the meeting, and staff confirmed the administrative steps required to effect the redemption would follow.
