Meeting Time: February 07, 2022 at 6:30pm EST
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Agenda Item

6. ORDINANCE 57-2021- AN ORDINANCE to take effect immediately provided it receives the affirmative vote of at least two thirds of the members of Council, or otherwise to take effect and be in force after the earliest period allowed by law, authorizing the issuance of special obligation income tax revenue notes in the amount of not to exceed $3,710,000 in anticipation of the issuance of bonds; to pay the costs of replacing or improving the roof of the public works garage and other buildings, together with all necessary appurtenances thereto; providing for the pledge of revenues from the City's 1.50% income tax to secure the payment of the principal of and interest on the notes in anticipation of bonds; and approving related matters.