City Council Meeting
12 items ∙ Mon, May 23, 2022 at 7:00pm
Public Meeting Video
ItemsPublic's Right to Speak Item No. 1a - IT ARPA Supplemental Item No. 1b - 2022 Bridge Repair Project Award Item No. 1c - 2022 Bond Payment for Sales and Use Tax Item No. 2 - Ordinance updating floodplain maps Item No. 3: Zone Change at 4501 Wadsworth Blvd Item No. 4 - Ordinance concering Small Cell CMRS Facilities Item No. 5 - Ordinance concerning Chronic Nuisance Propertie Item No. 6 - Ordinance concerning Vehicular Public Nuisances Item No. 7 - Motion to accept donation for Disc Golf Course Item No. 8 - Resolution of Denial re: prop 7585 W. 32nd Ave Item No. 9 - Resolution amending budget - Family Tree agrmnt
∙ Approved 7 to 0
∙ Agenda item 4 of 12
Item No. 1c - 2022 Bond Payment for Sales and Use Tax
On May 2, 2017, the City closed on Series 2017A Sales and Use Tax Revenue Bonds in the par amount of $30,595,000 with a net premium of $2,687,079 for a total of $33,282,079. The City’s first interest payment for 2022 is due June 1 in the amount of $389,400 and the principal and second interest payment is due December 1 in the amount of $3,109,400. Funds to cover the 2022 payments are budgeted in the 2022 2E Bond Fund budget.
Item No. 1c - 2022 Bond Payment for Sales and Use Tax ( 0.38 MB )
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