ANKENY CITY COUNCIL

Regular Agenda

April 2, 2018
5 : 30 PM

Gary Lorenz, Mayor
Mark Holm, Mayor Pro tem

Council Members: Bobbi Bentz, Jim McKenna, Kelly Whiting, 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 $6,125,000 General Obligation Bonds (PH 2018-28)
EXECUTIVE SUMMARY:

The not to exceed $6,125,000 General Obligation Bonds are being proposed to fund the urban renewal projects in the 2018 Capital Improvement Program.  These projects include the SW Plaza Parkway and SW College Avenue Extension, SW Des Moines Street Trunk Sewer - SW Magazine Road to SW Elm Street, SW Des Moines Street - SW Prairie Trail Parkway to SW Magazine Road, The District at Prairie Trail - SW Market Street, SW Prairie Trail Parkway Sidewalk Improvements, SW State Street and SW Magazine Road Intersection Improvements, and SE Creekview Drive Drainage and Paving Improvements.

FISCAL IMPACT: Yes

CITY MANAGER'S RECOMMENDATIONS:
To approve the Resolution as presented.
PREVIOUS COUNCIL/COMMISSION/BOARD ACTION(S):
PUBLIC OUTREACH EFFORTS:
ACTION REQUESTED:

Action: Consider motion to adopt RESOLUTION instituting proceedings to take additional action for the issuance of not to exceed $6,125,000 General Obligation Bonds.   

ADDITIONAL INFORMATION:
ATTACHMENTS:
Click to download
Resolution