Discuss and Consider approval of a resolution relating to establishing the City’s intention to reimburse itself for the prior lawful expenditure of funds relating to street and drainage improvements from the proceeds of tax-exempt obligations to be issued by the City for authorized purposes; authorizing other matters incident and related thereto; and providing an effective date.

Staff Report & Agenda Item Details

Mayor French read the aforementioned item. Jared Werner presented this item to council using a powerpoint presentation and answered questions. Councilmember Labowski motioned to approve this item. Councilmember Spradley seconded the motion which passed unanimously.

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 4.8/10). Under the Bastiat Liberty Watchdog Index, measures that increase tax rates or fee schedules, issue new debt or Certificates of Obligation, expand regulatory/zoning restrictions on private land use, or authorize unbudgeted spending expansions reduce an official's Freedom Score when voted YES (and reward dissenting NO votes).