Council to authorize $50M school building bond
If approved, would authorize $50 million in general obligation bonds to fund public school building projects. Bonds must be repaid by taxpayers over time.
The city is settling a lawsuit by paying a court-ordered judgment from the general fund. Specifics on the claim and amount are not disclosed in this item.
Counterparty:
Plaintiff
Funding source:
General Fund
Action type:
Settlement
passed
9–0