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Minutes - Council - 10/11/2022
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Minutes - Council - 10/11/2022
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Meetings
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Minutes
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Council
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10/11/2022
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<br />Councilmember Woestehoff aye <br />Councilmember Heineman aye <br />Mayor Kuzma aye <br /> <br />Motion carried. <br />6. PUBLIC HEARING <br />6.01: Res. #22-237 Adopting a Street Reconstruction and Overlay Plan and Issuance of <br />General Obligation Street Reconstruction Bonds and Res. #22-238 Providing Sale of <br />$12,075,000 General Obligation Street Reconstruction Bonds, Series 2022A <br /> <br />Presentation <br /> <br />Finance Director Lund reviewed the staff report and gave an update in regard to the issuance of <br />the street reconstruction bonds in the amount of $12,075,000. She added the City is recommending <br />to proceed with the sale, with the sale date of the debt on November 15. <br /> <br />Councilmember Specht thanked Finance Director Lund for her work on this and noted it is great <br />that the City is getting the roads caught up on. <br /> <br />Public Hearing <br /> <br />Mayor Kuzma called the public hearing to order at 7:07 p.m. <br /> <br />Citizen Input <br /> <br />There was none. <br /> <br />Motion by Councilmember Woestehoff, seconded by Councilmember Riley, to close the public <br />hearing. <br /> <br />A roll call vote was performed: <br /> <br />Councilmember Musgrove aye <br />Councilmember Specht aye <br />Councilmember Riley aye <br />Councilmember Howell aye <br />Councilmember Woestehoff aye <br />Councilmember Heineman aye <br />Mayor Kuzma aye <br /> <br />Motion carried. <br /> <br />The public hearing was closed at 7:07 p.m. <br /> <br />City Council / October 11, 2022 <br />Page 4 of 13 <br /> <br /> <br />
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