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
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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:

$3,515,000 (Subject to Adjustment per Terms of Offering) Water Revenue Bonds, Series 2020B
EXECUTIVE SUMMARY:
The $3,515,000 Water Revenue Bonds, Series 2020B are being proposed to fund the water projects in the 2020 Capital Improvement Program.  These projects include the East 1st Street and I-35 Interchange Reconstruction, Irvinedale Drive Transmission Main - Phase 2 and NW Irvinedale Drive Water Main - Trestle Ridge Estates Plat 3 to NW 36th Street.
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: Consider motion to adopt <strong>RESOLUTION </strong>directing sale of <span style="background-color: #ffffff;">$3,375,000</span>&nbsp;Water Revenue Bonds, Series 2020B.
ADDITIONAL INFORMATION:
ATTACHMENTS:
Click to download
Resolution