ANKENY CITY COUNCIL

Regular Agenda

March 20, 2017
5 : 30 PM
Gary Lorenz, Mayor
Mark Holm, Mayor Pro tem
Council Members: Bobbi Bentz, Jim McKenna, Wade Steenhoek, Kerry Walter-Ashby
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ORIGINATING DEPARTMENT: COUNCIL GOAL:
City Manager High Performing City Organization: Financially Sound, Providing Service Value
ACTION REQUESTED:
Resolution
LEGAL:
Item Reviewed by Legal Counsel
SUBJECT:

Proposed Not to Exceed $1,800,000 Water Revenue Bonds

Initiate Proceedings
EXECUTIVE SUMMARY:
The not to exceed $1,800,000 Water Revenue Bonds are being proposed to fund the water projects in the 2017 Capital Improvement Program.  These projects include the Ash Tower Transmission Main, NW Booster Station, NW 18th Street Water Main Extension and SE Magazine Road Water Main Improvements.
FISCAL IMPACT: Yes
CITY MANAGER'S RECOMMENDATIONS:
PREVIOUS COUNCIL/COMMISSION/BOARD ACTION(S):
PUBLIC OUTREACH EFFORTS:
ACTION REQUESTED:

Action: Consider motion to adopt RESOLUTION fixing date for a meeting on the proposition of the issuance of not to exceed $1,800,000 Water Revenue Bonds of the City of Ankeny, State of Iowa, and providing for publication of notice thereof.  (date of hearing:  04/03/17 @ 5:30 p.m.)
ADDITIONAL INFORMATION:
ATTACHMENTS:
Click to download
Resolution - fixing date for meeting