Item Coversheet

Resolutions - C7  M




COMMISSION MEMORANDUM

TO:Honorable Mayor and Members of the City Commission 
FROM:Rickelle Williams, Interim City Manager 
DATE:May  15, 2024
 



SUBJECT:A RESOLUTION OF THE MAYOR AND CITY COMMISSION ACCEPTING THE RECOMMENDATION OF THE FINANCE AND ECONOMIC RESILIENCY COMMITTEE AT ITS APRIL 19, 2024 MEETING TO AUTHORIZE THE ADMINISTRATION TO EXECUTE A DECLARATION OF OFFICIAL INTENT TOISSUE NEW WATER AND SEWER BONDS IN THE AMOUNT OF $85.0 MILLION, INCLUDING ISSUANCE COSTS.

SUPPORTING SURVEY DATA

NA

FINANCIAL INFORMATION

NA
Is this a "Residents Right to Know" item, pursuant to City Code Section 2-14? Does this item utilize G.O. Bond Funds?
Yes Yes 
Legislative Tracking
Finance

ATTACHMENTS:
Description
Commission Memo
Exhibit A- Debt issuance ordinance
Exhibit B - Rate Ordinance 2020-4384
Exhibit C- Water & Sewer Bonds Financial Feasibility Executive Summary
Exhibit D- Reso 2020-31211- Critical Needs WS Rate Study
Exhibit E- List of Projects Costs
Exhibit F- Intent to Reimburse from bond proceeds 2016-29612 Reso
Exhibit G - $85M Water & Sewer DECLARATION OF OFFICIAL INTENT
Resolution