Title
AN ORDINANCE PROVIDING FOR THE ISSUANCE AND SALE OF NOT TO EXCEED $5,000,000 OF NOTES, IN ANTICIPATION OF THE ISSUANCE OF BONDS, FOR THE PURPOSE OF PAYING COSTS OF REMODELING, RENOVATING, ENLARGING, FURNISHING, EQUIPPING AND OTHERWISE IMPROVING THE CITY’S FIRE/EMS FACILITY INCLUDING CONSTRUCTING A NEW DETACHED GARAGE BUILDING ON, AND CLEARING, IMPROVING AND EQUIPPING, THE SITE.
Brief Description: This ordinance allows for the financing of the remodeling/renovation of the Fire/EMS facility.
Body
Legislative History
Resolution 24-102 authorized a professional services contract with K2M to complete a fire and EMS staffing and facility needs study
Resolution 25-109 authorized a professional services contract with K2M to design the fire and EMS facility renovations
Purpose & Explanation
The purpose of this ordinance is to allow for the issuance of notes to finance the remodeling and renovation of the fire/EMS facility as presented and discussed over the past several months. We will roll the construction notes into a larger bond issue once all costs are known.
Legal Authority for Proposed Legislation
Pursuant to Charter Section 6.04, Contracts & Purchasing:
Competitively bid and advertised for two consecutive weeks; bid tab attached: [Yes/No/NA])
Joint or Cooperative Purchase Program
Professional Services
X Other
Fiscal Impact
Currently Budgeted (Account #, $)
Supplemental Appropriation Required (Account #, $)
X Appropriation Not Required
Does this legislation require use of an emergency clause?
Yes [if so, explain why]
X No
Recommendation
Suggested Action
Staff recommends approval of the Ordinance to allow for timely issuance of the notes.
Submitted by,
Thom Sheridan, City Manager
Jeff Knoblauch, Asst. City Manager/Finance Director