Audubon City Council act act on set the date for public hearing on $1.75-million bond issue
August 13th, 2012 by Ric Hanson
The Audubon City Council is slated to vote tonight on setting August 27th as the date for a public hearing, with regard to the issuance of $1.75-million in bonds. The move will follow action on a Resolution to declare the City’s official intent to issue debt to reimburse the City for certain original expenditures paid, in connection with specified projects. That includes pool repairs, the airport, water plant & towers/ and refunding Streetscape bonds. In related action, the Council is expected to authorize the mayor to sign a letter of engagement with the Ahlers Law Firm, pertaining to the Bond proceedings.
In other business, the Council will hold a public hearing this evening, with regard to the selling of property at 118 East Division Street, in Audubon. They’ll also hold the second on final reading of an ordinance setting the sewer rates. During their July 9th meeting, the Council voted to draft an Ordinance increasing the rates by 15-percent. They’ll also hold the first reading of an ordinance creating a No Parking zone on a portion of the 700 block of North Division Street, among other business. The meeting begins at 7-p.m., in the Aububon City Hall.