Lakewood, Ohio
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Lakewood, Ohio
Meeting:
Regular Council Meeting
Meeting Time: January 02, 2024 at 7:00pm EST
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Closed for Comment January 02, 2024 at 7:00pm EST
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10. ORDINANCE 47-2023 - 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 issuance of not to exceed $41,000,000 of bonds for the purpose of retiring notes issued for the purpose of (i) designing, engineering, permitting and constructing a new outfall, stone revetment and rehabilitating the existing sewers, together with all necessary appurtenances thereto, (ii) improving and reconstructing the city's recycling facility, (iii) improving the city’s jail; (iv) improving sidewalks within the city; (v) replacing or improving the roof of the public works garage and other public buildings, together with all necessary appurtenances thereto, (vi) improving heating, ventilation and air conditioning systems in various city facilities including the municipal utilities garage, wastewater treatment plant, women's club pavilion and city hall, (vii) improving Detroit road, Hilliard road and other streets located within the city, between certain termini, by resurfacing and replacing concrete, together with all necessary appurtenances thereto, (viii) designing, engineering and constructing water improvements, together with all necessary appurtenances thereto, (ix) improving parks within the city, including foster pool and other park improvements, together with all necessary appurtenances thereto, (x) improving Hilliard road and other streets located within the city, between certain termini, by resurfacing and replacing concrete, together with all necessary appurtenances thereto, (xi) designing, engineering and constructing sewer improvements, together with all necessary appurtenances thereto, (xii) constructing a refuse recycling facility and animal shelter; renovating refuse truck parking facility; replacing or improving the roofs of public buildings, including the municipal facilities garage; improving the sites thereof, including infrastructure improvements, together with all necessary appurtenances thereto, (xiii) improving parks within the city, including foster pool, Lakewood park and other park improvements, together with all necessary appurtenances thereto, (xiv) improving sidewalks within the city and (xv) improving Arthur avenue, Lakeland avenue, Olivewood avenue, Esther avenue, Roycroft avenue, Wyandotte avenue and other streets located within the city, between certain termini, by resurfacing and replacing concrete, together with all necessary appurtenances thereto; approving related matters in connection with the issuance of the bonds. (1st read & referred to Finance 12/18/23) (pg. 102)
47-2023 Bond Issuance $41.0 million 2024
VII. Public Comment
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