C.
AN ORDINANCE PROVIDING FOR THE ISSUANCE AND SALE OF
$740,000 OF TAXABLE ECONOMIC DEVELOPMENT NONTAX
REVENUE BOND ANTICIPATION NOTES, IN ANTICIPATION OF
THE ISSUANCE OF BONDS, FOR THE PURPOSE OF PAYING
COSTS OF ACQUIRING APPROXIMATELY 4.0 ACRES OF REAL
PROPERTY LOCATED NEAR THE SOUTHWEST CORNER OF
OWEN BROWN STREET AND MORSE ROAD.
Brief Description: This ordinance allows for the refinancing of existing
financial obligations of the City. It allows for the rollover of note proceeds
used to pay for the former Windstream property at 100 Owen Brown Street,
purchased as part of the Downtown Phase II Project.
Attachments:
First Reading
Legislative History
9/12/23 City Council Workshop
item forwarded to the City Council
D.
AN ORDINANCE PROVIDING FOR THE ISSUANCE AND SALE OF
$925,000 OF TAXABLE ECONOMIC DEVELOPMENT NONTAX
REVENUE BOND ANTICIPATION NOTES, IN ANTICIPATION OF
THE ISSUANCE OF BONDS, FOR THE PURPOSE OF PAYING
COSTS OF ACQUIRING APPROXIMATELY 1.0 ACRE OF REAL
PROPERTY LOCATED AT 94 OWEN BROWN STREET.
Brief Description: This ordinance allows for the financing of the former
Windstream property at 94 Owen Brown Street, purchased as part of the
Downtown Phase II Project.
Attachments:
First Reading
Legislative History
9/12/23 City Council Workshop
item forwarded to the City Council
E.
AN ORDINANCE PROVIDING FOR THE ISSUANCE AND SALE OF
$1,400,000 OF NOTES, IN ANTICIPATION OF THE ISSUANCE OF
BONDS, FOR THE PURPOSE OF PAYING COSTS OF
CONSTRUCTING, FURNISHING AND EQUIPPING A NEW
CLUBHOUSE AT THE CITY’S ELLSWORTH MEADOWS GOLF
CLUB AND CLEARING, IMPROVING AND EQUIPPING ITS SITE.
Brief Description: This ordinance allows for the financing a portion of the
new clubhouse at Ellsworth Meadows Golf Club. The total cost is estimated at
$2 million. The balance of the project cost will be paid from the golf course
fund balance.
Attachments:
First Reading
Legislative History
9/12/23 City Council Workshop
item forwarded to the City Council