Agenda Items

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Approval of the minutes of the December 16, 2024 Finance Committee.

minfin 12-16-2024

ORDINANCE 02-2025 - 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 at the earliest period allowed by law, authorizing the transfer and advance of certain funds. (1st read & referred to Finance 1/21/25)

02-2025 1st Quarter Transfers 2025

Communication from Finance Director Mahoney regarding 2025 Municipal Capital Lease in amount not to exceed $3.61 million. (1st read & referred to Finance 1/21/25)

Mahoney - Capital Leases 2025

ORDINANCE 03-2025 - 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 at the earliest period allowed by law, authorizing the Director of Finance to enter into Equipment Leases in forms approved by the Director of Law on behalf of the City of Lakewood ("City"). (1st read & referred to Finance 1/21/25)

03-2025 Municipal Capital Leases 2025

Communication from Finance Director Mahoney regarding 2025 Bond Anticipation Notes. (1st read & referred to Finance 1/21/25)

Mahoney -Bond Notes 2025

ORDINANCE 04-2025 - AN ORDINANCE Authorizing the issuance of notes in the amount of not to exceed $6,320,000 in anticipation of the issuance of bonds to pay costs of (i) constructing a refuse recycling facility; renovating refuse truck parking facility; replacing or improving the roofs of public buildings, including the municipal facilities garage; improving the heating, ventilation and air conditioning systems at the fire station; improving parks, including pavement and sidewalk resurfacing and construction, lighting and landscaping; together with all necessary site work, infrastructure improvements and appurtenances thereto, (ii) improving sidewalks within the city and (iii) improving Bunts Road, Crest Lane, Giel Avenue, Onondaga Avenue, Wayne Avenue and Webb Road and other streets located within the city, between certain termini, by resurfacing and replacing concrete, together with all necessary appurtenances thereto, and retiring notes previously issued for such purpose; and approving related matters. (1st read & referred to Finance 1/21/25)

04-2025 Bond Notes Refunding 2025

ORDINANCE 05-2025 - AN ORDINANCE to take effect immediately provided it receives the vote of at least two thirds of the members of Council, or otherwise to take effect at the earliest period allowed by law, authorizing the issuance of notes in the amount of not to exceed $2,200,000 in anticipation of the issuance of bonds to pay costs of improving Edgewater Drive, Summit Avenue and other streets located within the City, between certain termini, by resurfacing and replacing concrete, together with all necessary appurtenances thereto; and approving related matters. (1st read & referred to Finance 1/21/25)

05-2025 Roadway Improvement Bond Notes 2025

ORDINANCE 06-2025 - AN ORDINANCE to take effect immediately provided it receives the vote of at least two thirds of the members of Council, or otherwise to take effect at the earliest period allowed by law, authorizing the issuance of notes in the amount of not to exceed $4,050,000 in anticipation of the issuance of bonds to pay costs of improving City Hall, Winterhurst Ice Arena, Fire Station #3, Public Works Garage and other city facilities, including renovating city facilities, improving the heating, ventilation and air conditioning systems, constructing a storage facility. (1st read & referred to Finance 1/21/25)

06-2025 City Facilities Bond Notes 2025

ORDINANCE 07-2025 - AN ORDINANCE to take effect immediately provided it receives the vote of at least two thirds of the members of Council, or otherwise to take effect at the earliest period allowed by law, authorizing the issuance of notes in the amount of not to exceed $9,325,000 in anticipation of the issuance of bonds to pay costs of designing, engineering and constructing water improvements, together with all necessary appurtenances thereto; and approving related matters. (1st read & referred to Finance 1/21/25)

07-2025 Water Improvement Bond Notes 2025

ORDINANCE 08-2025 - AN ORDINANCE to take effect immediately provided it receives the vote of at least two thirds of the members of Council, or otherwise to take effect at the earliest period allowed by law, authorizing the issuance of notes in the amount of not to exceed $300,000 in anticipation of the issuance of bonds to pay costs of improving sidewalks within the city; and approving related matters. (1st read & referred to Finance 1/21/25)

08-2025 Sidewalk Improvement Bond Notes 2025

ORDINANCE 09-2025 - AN ORDINANCE to take effect immediately provided it receives the vote of at least two thirds of the members of Council, or otherwise to take effect at the earliest period allowed by law, authorizing the issuance of notes in the amount of not to exceed $500,000 in anticipation of the issuance of bonds to pay costs of improving parks within the city, including Lakewood park, Kaufmann park and other park improvements, together with all necessary appurtenances thereto; and approving related matters. (1st read & referred to Finance 1/21/25)

09-2025 Park Improvement Bond Notes 2025

ORDINANCE 10-2025 - AN ORDINANCE to take effect immediately provided it receives the vote of at least two thirds of the members of Council, or otherwise to take effect at the earliest period allowed by law, authorizing the issuance of notes in the amount of not to exceed $10,000,000 in anticipation of the issuance of bonds to pay costs of designing, engineering and constructing sewer improvements, together with all necessary appurtenances thereto; and approving related matters. (1st read & referred to Finance 1/21/25)

10-2025 Sewer Improvement Bond Notes 2025