ANKENY CITY COUNCIL

Regular Agenda

May 4, 2020
5 : 30 PM
Gary Lorenz, Mayor
Mark Holm, Mayor Pro tem
Council Members: Bobbi Bentz, Jeff Perry, Kelly Whiting, Kerry Walter-Ashby
Print
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:
$19,900,000 (Subject to Adjustment per Terms of Offering) General Obligation Bonds, Series 2020A
EXECUTIVE SUMMARY:
The $19,900,000 General Obligation Bonds, Series 2020A are being proposed to fund the 2020 Capital Improvement Program and current refund the General Obligation Refunding Bonds, Series 2011A and 2012B.
FISCAL IMPACT: Yes
CITY MANAGER'S RECOMMENDATIONS:
PREVIOUS COUNCIL/COMMISSION/BOARD ACTION(S):
PUBLIC OUTREACH EFFORTS:
ACTION REQUESTED:

Action: <span style="background-color: #ffffff;">Consider motion to receive and file report of bids received on May 4, 2020 at 10:00 A.M.</span>

Action: <span style="background-color: #ffffff;">Consider motion to adopt <strong>RESOLUTION </strong>directing sale of $17,520,000 General Obligation Bonds, Series 2020A.</span>
ADDITIONAL INFORMATION:
ATTACHMENTS:
Click to download
Resolution