| | | | | | | | City of Marquette, MI
300 West Baraga Avenue
Marquette, MI 49855
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| | | | | | | | Agenda Date: 7/11/2022
New Business
Resolution Authorizing 2022 Capital Improvement Bonds - Roll Call Vote |
| | | | | | | | | BACKGROUND: | | In order to continue the process of issuing Capital Improvement Bonds for FY 2022 projects, a resolution must be approved that the City will authorize the sale of bonds. A Notice of Intent Resolution was approved on May 31, 2022. |
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| | | | | | | | | FISCAL EFFECT: | | A Debt Service schedule will be produced upon close, which is currently scheduled for August 24, 2022. |
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| | | | | | | | | RECOMMENDATION: | | Approve the Resolution authorizing 2022 Limited Tax General Obligation Bonds, and authorize the Mayor and Clerk to sign the Resolution. |
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| | | | | | | | | ALTERNATIVES: | | As determined by the Commission. |
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