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Board authorizes up to $3 million in water-system notes and approves $30,637.10 in adjustments
Summary
Greenbrier approved Resolution 26-07 authorizing interest-bearing water-system revenue and tax capital outlay notes up to $3,000,000, and approved May water and sewer adjustments totaling $30,637.10. Both measures passed unanimously.
The Board adopted Resolution 26-07 authorizing the issuance of interest-bearing water system revenue and tax capital outlay notes, series 2026, in an amount not to exceed $3,000,000; the motion passed 6-0. The resolution provides authorization for the city to issue notes to support water-system capital needs.
Separately, the board approved monthly water and sewer adjustments for May 2026 totaling $30,637.10, also by a 6-0 vote. Both actions were moved and seconded during the new-business portion of the June 1 meeting and recorded as unanimous votes in the minutes. The minutes do not specify exact projects to be funded from the notes; staff follow-up is implied.
