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Subject: Communication sponsored by Alder Taft, requesting permission for Brad Viegut of RW Baird to present the proposed issuance of NANs (Note anticipation Notes) to fund the budgeted 2022 Capital Projects and Equipment Replacements.
Recommendation of the Finance and Personnel Committee on 8-29-2022: To authorize the issuance and sale of Note Anticipation Notes in an amount of approximately $14,715,000 for the City's 2022 Short and Long Term capital borrowing.
Fiscal Note: Long term capital projects of $10,869,875 and equipment of $3,811,500 have been approved and budgeted in 2022 through this borrowing.
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