ANKENY CITY COUNCIL

City Council Agenda

May 15, 2023
5 : 30 PM
Mark Holm, Mayor
Bobbi Bentz, Mayor Pro tem
Council Members: Jeff Perry, Joe Ruddy, Todd Shafer, Kelly Stearns
Print
ORIGINATING DEPARTMENT: COUNCIL GOAL:
City Manager Exercise Financial Discipline
ACTION REQUESTED:
Resolution
LEGAL:
Item Reviewed by Legal Counsel
SUBJECT:
$15,200,000 (Subject to Adjustment per Terms of Offering) General Obligation Bonds, Series 2023B
EXECUTIVE SUMMARY:
The $15,200,000 General Obligation Bonds, Series 2023B are being proposed to fund the 2023 Capital Improvement Program.
FISCAL IMPACT: Yes
The $15,200,000 General Obligation Bonds, Series 2023B will be paid with property taxes and a small portion from tax increment financing (TIF) and storm water revenues.
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 May 15, 2023 at 10:00 A.M.

Action: Consider motion to adopt <strong>RESOLUTION</strong> directing sale of $13,790,000 General Obligation Bonds, Series 2023B.
ADDITIONAL INFORMATION:
ATTACHMENTS:
Click to download
Resolution
Bids