The council set up the sale of $56,940,000 in general obligation bonds (Series 2026A), by a 7–0 vote.
Directed advertisement for sale and approved the bidding procedures and Official Statement. Moved by Gatto, seconded by Voss. Passed 7–0; no members voted no.
What this means (Bonds and notes): Borrowing.
How each member voted
| Official | Seat | Vote |
|---|---|---|
| Connie Boesen | Mayor | Yes |
| Carl Voss | At-large | Yes |
| Mike Simonson | At-large | Yes |
| Rob X. Barron | Ward 1 | Yes |
| Linda Westergaard | Ward 2 | Yes |
| Josh Mandelbaum | Ward 3 | Yes |
| Joe Gatto | Ward 4 | Yes |
More from the record
Following the September hearings, this resolution combines the authorized general obligation bonds into a single $56,940,000 Series 2026A issue, approves electronic bidding through the Parity system and the preliminary Official Statement prepared with the City’s advisor, PFM Financial Advisors LLC. Bids are to be opened at 10:00 AM and acted on at a special council meeting on Oct 21, 2026 at 4:30 PM. It was part of the consent agenda; a companion item (roll call 26-1148) did the same for $6,400,000 in taxable Series 2026B bonds. Council packet, item 47 (saved copy)
The alternative
No other options were presented in the record.
Money
- Who
- City taxpayers
- How
- $56,940,000 in borrowing for capital projects; interest rate set by bidding. Rate: Not in the record yet.
- When
- Sale Oct 21, 2026
- Source
- Council packet, item 47 (saved copy)
Source Agenda for the whole meeting, item 47 (saved copy) · Full minutes for the whole Oct 5, 2026 meeting, p. 9 (roll call 26-1147) (saved copy) · Resolution, packet pages 578–584 (saved copy)