ANKENY CITY COUNCIL

Regular Agenda

April 15, 2019
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:
$5,715,000 (Subject to Adjustment per Terms of Offering) Water Revenue Bonds, Series 2019B
EXECUTIVE SUMMARY:

The $5,715,000 Water Revenue Bonds, Series 2019B are being proposed to fund the water projects in the 2019 Capital Improvement Program.  These projects include the East 1st Street and I-35 Interchange Reconstruction, South Ankeny Boulevard and SE Shurfine Drive/SW Prairie Trail Parkway Intersection Improvements, SE Magazine Road Water Main Improvements, Irvinedale Drive Transmission Main - Phase 1, NW State Street Water Main Improvements - Phase 1, Irvinedale Drive Transmission Main - Phase 2, NW Irvinedale Drive Water Main Improvements and SW Water Tower Interior Repaint.
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 15, 2019 at 10:00 A.M.

Action: Consider motion to adopt RESOLUTION directing sale of $5,090 000 Water Revenue Bonds, Series 2019B.
ADDITIONAL INFORMATION:
ATTACHMENTS:
Click to download
Resolution