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Meeting Agenda
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1. Open Meeting
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2. Roll Call
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3. Consent Agenda
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3.A. Approve Meeting Minutes
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3.B. Accept the City Treasurer's Report
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3.C. Approve the Payment of Claims Against the City
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4. Items of Business
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4.A. Consider Ordinance 2252 authorizing the issuance of general obligation bonds for street improvement districts 2022-1 through 9
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4.B. Consider Ordinance 2253 authorizing the issuance of Municipal Improvement Bonds for construction, improvements and equipment acquisition.
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5. Petitions - Communications - Citizen Concerns
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6. Officers' Reports
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7. Adjournment
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Agenda Item Details
Reload Your Meeting
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| Meeting: | August 14, 2025 at 5:00 PM - Crete City Council Special Meeting | |||
| Subject: |
1. Open Meeting
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Rationale:
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| Subject: |
2. Roll Call
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Rationale:
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| Subject: |
3. Consent Agenda
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Rationale:
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Action(s):
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| Subject: |
3.A. Approve Meeting Minutes
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| Subject: |
3.B. Accept the City Treasurer's Report
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| Subject: |
3.C. Approve the Payment of Claims Against the City
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| Subject: |
4. Items of Business
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Rationale:
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| Subject: |
4.A. Consider Ordinance 2252 authorizing the issuance of general obligation bonds for street improvement districts 2022-1 through 9
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Discussion:
Scott Keene, Managing Director with Piper Sandler & Co. explained the General Obligations Bonds, Series 2025 not to exceed two million four hundred thousand dollars. This is to provide permanent financing to pay a portion of the costs and including repayment of $2,130,000 bond anticipation notes series 2023. This is for the improvements within street improvement district Nos. 2022-1 through 2022-9.
Mayor Dave Bauer also voted so that there would be a three-fourths (3/4) vote in favor of introducing it, moving that the statutory rule requiring three separate readings be suspended and to enact Ordinance 2252. |
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Action(s):
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Attachments:
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| Subject: |
4.B. Consider Ordinance 2253 authorizing the issuance of Municipal Improvement Bonds for construction, improvements and equipment acquisition.
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Discussion:
Scott Keene, Managing Director with Piper Sandler & Co. explained that this would be for the Municipal Improvement Bonds to finance the cost of certain street infrastructure and maintenance equipment. The equipment would be a street sweeper and a road grader.
Mayor Dave Bauer also voted so that there would be a three-fourths (3/4) vote in favor of introducing it, moving that the statutory rule requiring three separate readings be suspended and to enact Ordinance 2253. |
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Action(s):
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Attachments:
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| Subject: |
5. Petitions - Communications - Citizen Concerns
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Rationale:
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| Subject: |
6. Officers' Reports
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Rationale:
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7. Adjournment
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Discussion:
The meeting adjourned at 5:21 p.m.
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