9 results for “general obligation bonds” · agenda
9 results for “general obligation bonds” · agenda
The Evanston City Council held a regular meeting on July 15, 2019, to address several agenda items including approval of prior meeting minutes, consideration of an inclining block water rate structure to adjust rates based on consumption levels, and approval of Resolution 76-R-19 authorizing a Local Public Agency Funding Agreement with the Illinois Department of Transportation for the Central Street Bridge Replacement project. The bridge project agreement establishes maximum federal grant funding at 80% of right-of-way purchase costs (up to $560,000), with the City of Evanston committing to fund the remaining 20% ($140,000) from its 2019 General Obligation Bonds Capital Improvement Fund.
AI summary
On July 13, 1998, the City of Charlotte City Council held a meeting in Room 267 with a workshop agenda covering several items including a General Obligation Bond Referendum for Storm Water. The council discussed the 1997 resolution to transition the Storm Water program to a true Enterprise fund, phasing out the city's property tax contribution and using revenue bonds as a funding source for capital investment. A key issue involved state law constraints on storm water fee authorization when two government entities provide services through an interlocal agreement with Mecklenburg County, which created uncertainty for bond buyers regarding revenue guarantees, prompting the council to consider legislation authorizing the city to levy adequate storm water fees to service revenue bonds.
AI summary