A motion was made by Mr. Foster, seconded by Mr. Banweg, that Ordinance No. 25-110 be
postponed to a date certain of November 18, 2025. The motion carried by the following vote:
Aye:
6 - Mr. Sutton, Mr. Banweg, Mr. Foster, Dr. Goetz, Mrs. Heater and Mrs.
Kowalski
Abstain:
1 - Dr. Bird
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:
A motion was made by Mr. Foster, seconded by Mr. Banweg, that Ordinance No. 25-127 be
adopted on third reading. The motion carried by the following vote:
Aye:
7 - Mr. Banweg, Dr. Bird, Mr. Foster, Dr. Goetz, Mrs. Heater, Mrs.
Kowalski and Mr. Sutton
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:
A motion was made by Mr. Foster, seconded by Dr. Bird, that Ordinance No. 25-128 be adopted
on third reading. The motion carried by the following vote:
Aye:
7 - Dr. Bird, Mr. Foster, Dr. Goetz, Mrs. Heater, Mrs. Kowalski, Mr. Sutton
and Mr. Banweg
E.
AN ORDINANCE PROVIDING FOR THE ISSUANCE AND SALE OF
NOT TO EXCEED $7,100,000 OF NOTES, IN ANTICIPATION OF
THE ISSUANCE OF BONDS, FOR THE PURPOSE OF PAYING
COSTS OF IMPROVING CITY-OWNED PROPERTY LOCATED AT
5810 HUDSON DRIVE BY CONSTRUCTING, FURNISHING
EQUIPPING AND OTHERWISE IMPROVING (i) A NEW SALT
STORAGE FACILITY AND (ii) A NEW BUS MAINTENANCE AND
STORAGE FACILITY AND CLEARING, IMPROVING AND