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File #: 0876-25    Version: A Name: Subject: Communication sponsored by Alder Land, on behalf of the Finance Director, to approve a resolution authorizing the issuance and sale of $4,085,000 of 2025 taxable general obligation promissory notes dated October 22, 2025 to be used for paying for
Type: Communication Status: In Committee
File created: 8/28/2025 In control: Finance and Personnel Committee
On agenda: Final action:
Title: Subject: Communication sponsored by Alder Land, on behalf of the Finance Director, to approve a resolution authorizing the issuance and establishing the parameters for the sale of up to $4,085,000 of 2025 taxable general obligation promissory notes dated October 22, 2025 to be used for paying for cost associated with TID #26 Developer Incentive previously approved by Common Council. Staff Recommendation: To approve a resolution authorizing the issuance and establishing the parameters for the sale of up to $4,085,000 of 2025 taxable general obligation promissory notes dated October 22, 2025 to be used for paying for cost associated with TID #26 Developer Incentive previously approved by Common Council. Fiscal Note: Developer Incentive Agreement for Dominion Downtown Phase II was approved by Common Council on April 2, 2025 via resolution #0250-25

Title

Subject: Communication sponsored by Alder Land, on behalf of the Finance Director, to approve a resolution authorizing the issuance and establishing the parameters for the sale of up to $4,085,000 of 2025 taxable general obligation promissory notes dated October 22, 2025 to be used for paying for cost associated with TID #26 Developer Incentive previously approved by Common Council.  

 

Staff Recommendation: To approve a resolution authorizing the issuance and establishing the parameters for the sale of up to $4,085,000 of 2025 taxable general obligation promissory notes dated October 22, 2025 to be used for paying for cost associated with TID #26 Developer Incentive previously approved by Common Council.  

 

Fiscal Note: Developer Incentive Agreement for Dominion Downtown Phase II was approved by Common Council on April 2, 2025 via resolution #0250-25