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Public hearing opened on LRWRA revenue bonds; final vote deferred to Aug. 4
Summary
The board opened a public hearing and read a second-reading ordinance to authorize water‑reclamation system revenue bonds (item 23) but did not vote because the board lacked eight members needed to suspend rules; the mayor said the item will be added to the Aug. 4 agenda to meet bond deadlines.
The board opened the public hearing on item 23, an ordinance to authorize the issuance and sale of water-reclamation system revenue bonds to pay principal and interest and related matters. "Public hearing is open on item number 23," Mayor Frank Scott Junior said as staff read the second reading of the bond ordinance.
Because the board did not have the eight-member threshold required to suspend rules for a final reading and vote, Mayor Scott said staff and legal advised that the item could be placed on the Aug. 4 agenda in time to meet bond deadlines. "I'm told by our city attorney that we will still beat the deadline for the bonds, because we'll have another special meeting, on August 4 to get the 3rd reading and vote on that," Scott said. No final bond authorization occurred at this meeting; the matter is scheduled for further readings on Aug. 4.
