Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Infrastructure Financing topic
No spam. Unsubscribe anytime.
Sun Valley council leans toward November bond; mayor authorized to appoint municipal advisor
Summary
After public comment and council discussion, Sun Valley leaders signaled support for placing a road-infrastructure bond on the November ballot and authorized the mayor to appoint Zions as the city’s municipal advisor to study financing options.
Council and a member of the public discussed options to finance Sun Valley roads and other infrastructure. Public commenter Joe Humphrey urged action, saying "a bond is the answer. It should work well, be profitable, and it's the perfect time for a bond issue." Council members expressed differing views on timing: Council President Keith Saks said he was "leaning towards seeing a bond issue" but worried the timetable felt hurried; Council Member Michelle Griffith said the roads issue has been discussed for a long time and questioned delaying to May while Council Member Jane Conard urged moving forward "now" while the political environment is favorable.
Mayor Peter M. Hendricks said the council should "move ahead as we can't put it off any longer" and recommended placing the question on the November ballot. The council authorized the mayor to appoint Zions as municipal advisor by unanimous roll call (motion by Michelle Griffith, second by Brad DuFur). The transcript does not record estimated bond amounts, project lists, or a formal financing schedule; those details remain to be developed by the city and the appointed municipal advisor.
