City to settle State Auto claim for up to $25,000
If approved, the city would pay up to $25,000 from the general fund to settle a claim filed by Wilber & Associates on behalf of State Auto Company and UAB. The funds come from existing city accounts.
Item #78
Regular City Council Meeting
City issues General Obligation Warrants, Series 2020-A
Legal & Settlements
This bond issuance allows the city to borrow money backed by its full tax revenue to fund capital projects. Residents ultimately repay this debt through property taxes.
Funding source:
Bond
Action type:
Ordinance