ANKENY CITY COUNCIL

Regular Agenda

April 16, 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:
$6,340,000 (Subject to Adjustment per Terms of Offering) Water Revenue Bonds, Series 2018B
EXECUTIVE SUMMARY:
The $6,340,000 Water Revenue Bonds, Series 2018B are being proposed to fund the water projects in the 2018 Capital Improvement Program.  These projects include the SE Creekview Drive Drainage and Paving Improvements, NW Irvinedale Drive and NW 5th Street Intersection Improvements, Ash Tower Transmission Main, NW Booster Station, SW Irvinedale Drive Transmission Main - Phase 1, Trestle Ridge Estate 24" Water Main, Ash Water Tower Repair and Repaint and Concept and Site Study for Future NW Water Tower.
FISCAL IMPACT: Yes
CITY MANAGER'S RECOMMENDATIONS:
PREVIOUS COUNCIL/COMMISSION/BOARD ACTION(S):
PUBLIC OUTREACH EFFORTS:
ACTION REQUESTED:

Action: Consider motion to receive and file report of bids received on April 16, 2018 at 10:00 A.M.

Action: Consider motion to adopt RESOLUTION directing sale of $5,990,000 Water Revenue Bonds, Series 2018B.
ADDITIONAL INFORMATION:
ATTACHMENTS:
Click to download
Resolution