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CITY OF LORAIN
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7.j.
City Council Regular Meeting
- Meeting Date:
- 02/16/2026
- Submitted by:
- Dawn Walther
AGENDA ITEM DESCRIPTION OR LEGISLATION TITLE
AN ORDINANCE AUTHORIZING THE ISSUANCE AND SALE OF GENERAL OBLIGATION BONDS IN A MAXIMUM AGGREGATE PRINCIPAL AMOUNT OF $600,000, FOR THE PURPOSE OF PAYING THE COSTS OF MUNICIPAL PARKS AND RECREATION FACILITIES AS FURTHER DESCRIBED HEREIN, TOGETHER WITH ANY NECESSARY APPURTENANCES THERETO, AND TO PAY THE COST OF ISSUANCE FOR SAID BONDS; AND DECLARING AN EMERGENCY.
PURPOSE AND BACKGROUND:
The purpose is to finance the construction of skate park.
RECOMMENDATION TO COUNCIL:
Lorain City Council to consider for passage.
Fiscal Impact
- Funds Available In Current Year Budget (Y/N):
- Y
- Estimate of Total Expenditure:
- 600,000
- List of Funding Source and/or Account Number:
- 4010
- Estimate of Incoming Revenue (fees, grants, etc.):
Financing Requirements (Bonds, Loans, Lease, etc.):
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Harper | Anita Harper | 02/12/2026 09:06 AM |
| P. Riley | Michele Beko | 02/12/2026 02:48 PM |
- Form Started By:
- Dawn Walther
- Started On:
- 02/11/2026 11:24 AM
- Final Approval Date:
- 02/12/2026
| VOTE ON PASSAGE | |||||
| AYE | NAY | AYE | NAY | ||
| Springowski | Torres | ||||
| Dimacchia | Gonzalez | ||||
| Fallis | Arroyo | ||||
| Drwal | Bearer | ||||
| Kempton | Thornsberry | ||||
| Carter | Arredondo | ||||