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.
City will pay settlement funds from general budget to resolve a legal claim by Ezeikiel Nevitt. Settlement terms were not disclosed in the agenda item.
Counterparty:
Ezeikiel Nevitt
Funding source:
General Fund
Action type:
Settlement
passed
9–0