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City hires municipal adviser for Carnes MID bond work
Summary
Council authorized expanding the municipal-adviser contract with Water Street Public Finance to support anticipated bond issuance for the Carnes Municipal Improvement District, expected in July–August.
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Mrs. Ziegler asked council to approve expanding the city's municipal adviser contract with Water Street Public Finance to provide services related to the Carnes Municipal Improvement District (MID). Staff said the city is anticipating issuing bonds around July–August and needs the adviser to support that work.
Council moved and approved the contract expansion by voice vote. No bond amount or underwriting details were discussed in the recorded transcript.
