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City administrator reports police recruits sworn in, sidewalk contractor stopped, and favorable rating call
Summary
City Administrator Miss Wagner reported two police recruits were sworn in, a sidewalk contractor stopped work on South Commercial (staff will rebid), and S&P Global affirmed the city's long-term rating and AA- minus for COPs following a ratings call.
City Administrator Miss Wagner updated the board on personnel, public-works, and finance items. She said two recruits, Dylan Crum and Kennedy Sutton, were sworn in and have begun field training; a third recruit is enrolled in the academy and another recruit, Jack Cooley, started today.
Miss Wagner also reported the sidewalk contractor working on South Commercial stopped work on the project; staff, attorneys and the surety are coordinating a plan to rebid and complete the work, and the city's street crew performed interim cleanup to improve safety as school starts. On finance, Miss Wagner described a ratings call with S&P Global that reaffirmed the city's ratings—she said S&P "continued to assign that a plus for our long term debt and affirmed our double a minus for the COPs," which she said should help obtain a better interest rate when the city issues Certificates of Participation.
Provenance: topicintro SEG 091, topfinish SEG 210.
