AN ORDINANCE to take effect immediately provided it receives the affirmative vote of at least two thirds of the members of Council, or otherwise to take effect and be in force at the earliest period allowed by law, authorizing the issuance of notes in the amount of not to exceed $32,695,000 in anticipation of the issuance of bonds to pay costs of (i) constructing a refuse recycling facility; renovating refuse truck parking facility; replacing or improving the roofs of public buildings, including the municipal facilities garage; improving the heating, ventilation and air conditioning systems at the fire station; improving parks, including pavement and sidewalk resurfacing and construction, lighting and landscaping; together with all necessary site work, infrastructure improvements and appurtenances thereto, (ii) improving sidewalks within the city, (iii) improving Bunts Road, Crest Lane, Giel Avenue, Onondaga Avenue, Wayne Avenue and Webb Road and other streets located within the city, between source
Authorizes up to $32,695,000 in new notes to retire the City's notes dated April 10, 2025, which mature April 9, 2026. Those notes funded projects including a refuse recycling facility, street resurfacing, improvements to City Hall, Winterhurst Ice Arena and Fire Station #3, park improvements, and water and sewer work. The notes may not carry interest above 6.00% a year and are to be sold to KeyBanc Capital Markets Inc. or another purchaser named by the Director of Finance. pdf Written by AI from the legislation PDF
Authorizes up to $32,695,000 in new notes to retire the City's notes dated April 10, 2025, which mature April 9, 2026. Those notes funded projects including a refuse recycling facility, street resurfacing, improvements to City Hall, Winterhurst Ice Arena and Fire Station #3, park improvements, and water and sewer work. The notes may not carry interest above 6.00% a year and are to be sold to KeyBanc Capital Markets Inc. or another purchaser named by the Director of Finance. pdf Written by AI from the legislation PDF