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AGENDA ITEM REVIEW FORM |
6.A.
Regular City Council Meeting
- Meeting Date:
- 03/23/2022
- Department Head:
- Kay Macuil
- Submitted By:
- Kay Macuil, City Attorney, Attorney's Office
Action Requested:
Motion
ITEM:
Discussion and possible action on any and all matters regarding creating an improvement district or districts to issue bonds to pay for needed infrastructure for the growth in the east part of San Luis. (Mark Reader, Managing Director of Stifel, Nicolaus & Company)
SUMMARY:
Mark Reader will present options for financing infrastructure in the east part of San Luis.
RECOMMENDATION / SUGGESTED MOTION:
I MOVE TO APPROVE STAFF PROCEED AND RETURN TO COUNCIL WITH A SPECIFIC PROPOSAL.
Fiscal Impact
- IS THERE FISCAL IMPACT ASSOCIATED WITH THIS ITEM:
- No
- CITY/STATE/FEDERAL FUNDS:
- N/A
- TOTAL:
- N/A
- BUDGETED AMOUNT:
- N/A
- AVAILABLE AMOUNT TO TRANSFER:
- N/A
- ACCT NAME & GL#/REMAINING BALANCE BEFORE PURCHASE:
- N/A
FISCAL IMPACT STATEMENT (IF THIS IS A BUDGET TRANSFER, YOU MUST ATTACH THE BUDGET ADJUSTMENT FORM):
The fiscal impact is not determined at this time. Once staff has Council's direction, staff will return with more specifics.