Resolved

water system revenue bonds

Water utility borrowing for lead line replacements and water main upgrades

Watch for the final loan terms and any follow-up discussion of water and wastewater rate impacts as these projects move into construction.

Typically discussed at City Council. Check back when the next agenda is published.

On Aug. 3, council approved up to $1,961,897 in water-utility borrowing for lead service line replacements and the Lincoln Avenue water main program. The same night, council also approved up to $1,781,953 in wastewater-utility borrowing for 2026–2027 sewer work, including pipe-lining and sewer lateral replacements.

  1. passed 9-0 City Council · Aug 3, 2026

    26-149 Resolution Authorizing the Issuance and Sale of Up to $1,961,897 Water System Revenue Bonds, Series 2026, and Providing for Other Details and Covenants With Respect Thereto, and Approval of Related Financial Assistance Agreement

    Motion to waive reading and adopt the resolution

  2. passed 9-0 City Council · Aug 3, 2026

    26-148 Resolution Authorizing the Issuance and Sale of Up to $1,781,953 Sewerage System Revenue Bonds, Series 2026B, and Providing for Other Details and Covenants With Respect Thereto, and Approval of Related Financial Assistance Agreement

    Motion to waive reading and adopt the resolution

  3. passed 8-0 City Council · Sep 2, 2025

    25-172 Resolution Authorizing The Issuance And Sale Of Up To $352,978 Water System Revenue Bonds, Series 2025A, And Providing For Other Details And Covenants With Respect Thereto

    Motion to waive reading and adopt the resolution

  4. passed 8-0 City Council · Sep 2, 2025

    25-173 Resolution Authorizing The Issuance And Sale Of Up To $1,038,658 Water System Revenue Bonds, Series 2025B, And Providing For Other Details And Covenants With Respect Thereto

    Motion to waive reading and adopt the resolution

  1. City Council adopted Resolution 25-172 authorizing up to $352,978 in water system revenue bond borrowing (Series 2025A). Vote: 8-0.

    City Council
  2. City Council adopted Resolution 25-173 authorizing up to $1,038,658 in water system revenue bond borrowing (Series 2025B). Vote: 8-0.

    City Council
  3. City Council approved up to $1,781,953 in wastewater-utility borrowing (Sewerage System Revenue Bonds, Series 2026B) for 2026–2027 sewer infrastructure work, including pipe-lining and sewer lateral replacements coordinated with lead service line work. Vote: 9-0.

    City Council
  4. City Council approved up to $1,961,897 in water-utility borrowing (Water System Revenue Bonds, Series 2026) for lead service line replacements and the Lincoln Avenue water main replacement program; the city cited a plan to replace about 500 lead service lines in 2027. Vote: 9-0.

    City Council