Calling an election on proposal to enter into a General Obligation Loan Agreement and to…
Recorded in the minutes as “A motion was made by Council Member Cook to approve Resolution No. 2026-27 a Resolution calling an election on proposal to enter into a General Obligation Loan Agreement and to borrow money thereunder in a principal…”. Carried unanimously (roll call); names not recorded. Amount in the record: $16,000,000.
What this means (Bonds and notes): Borrowing.
More from the record
Recorded in the minutes as: “A motion was made by Council Member Cook to approve Resolution No. 2026-27 a Resolution calling an election on proposal to enter into a General Obligation Loan Agreement and to borrow money thereunder in a principal…”. The minutes add: “Passed and approved Thomas J. Leners, Mayor Attest: Andrew Barden, City Administrator/City Clerk”
Motion as recorded: “Member Cook to approve Resolution No. 2026-27 a Resolution calling an election on proposal to enter into a General Obligation Loan Agreement and to borrow money thereunder in a principal amount not to exceed $16,000,000 seconded by Council Member Fletcher. There being no further discussion;”.
Source Full minutes for the whole May 18, 2026 meeting, p. 7 (saved copy) · All votes at this meeting