11. ORDINANCE 58-2021 – 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 $1,500,000 in anticipation of the issuance of bonds; to pay the costs of improving Hilliard Road and other streets located within the City, between certain termini, by resurfacing and replacing concrete, together with all 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. (1st read and referred to Finance 12/20/21; 2nd reading 01/03/22)