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6.
Special City Council
Meeting Date:
04/08/2024
Submitted For:
Mike Miller
Initiator:
Judy Villalobos, Executive Assistant
Department:
City Manager
Staff Information Source:
Information
AGENDA ITEM TITLE:
Discuss and provide direction to Staff on a potential future General Obligation Bond Program 2024, or take other necessary action. (Mike Miller)
BACKGROUND:
At the City Council Special Call meeting of April 25, 2023, the City Council gave direction to Staff to pursue the option of General Obligation Bonds for future funding of capital needs for the City of Muskogee. City Staff and representatives from The Public Finance Law Group PLLC, presented funding and scheduling options for a potential General Obligation Bond program in Muskogee for the Fall of 2023, at a Special Call Council meeting on May 22, 2023. Later in 2023, Council gave further direction to staff to prepare for an election in 2024. This item will kick off the public input phase of the bond program, preparing the council with information and feedback from the public before Council calls for an election.
RECOMMENDED ACTION:
provide direction to Staff.
Fiscal Impact
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