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DeKalb Times

Saturday, November 30, 2024

City of Genoa City Council met September 15

Meeting372

City of Genoa City Council met Sept. 15.

Here is the agenda provided by the council:

I. Call To Order/Roll Call

Ii. Pledge Of Allegiance

Iii. Guest Speakers

Iv. Approval Of Minutes From The September 1, 2020 City Council Meeting

V. Approval Of Accounts Payables

Vi. Items From Individuals In Attendance

Vii. Old Business

Viii. New Business

A) Consider An Ordinance Providing For The Issuance Of General Obligation Bonds

· Motion To Approve An Ordinance Providing For The Issuance Of Not To Exceed $2,500,000 General Obligation Bonds

(Alternate Revenue Source) For The Purpose Of Financing Street, Sidewalk And Alley Improvements And Related Public Infrastructure Projects In And For The City, The Pledge Of Certain Revenues To The Payment Of Principal And Interest On Said Bonds And The Levy And Collection Of A Direct Annual Tax Sufficient To Pay Such Principal And Interest If The Pledged Revenues Are Insufficient To Make Such Payment, And Authorizing The Sale Of Said Bonds To The Purchaser Thereof

B) Consider A Resolution To Approve An Engagement Letter With S&P Global Ratings For A Credit Rating For The City’s Bond Issuance

· Motion To Approve A Resolution Approving And Authorizing An Engagement Letter With S&P Global Ratings For Issuance Of A Credit Rating, Not To Exceed $12,000

C) Consider A Second Façade Grant Agreement For The Beth Fowler School Of Dance Building At 303 West Main Street

· Motion To Approve A Second Façade Grant Agreement With Beth Fowler For 303 West Main Street, Not To Exceed $7,988.75

D) Consider An Ordinance For Surplus Equipment Sales

· Motion To Approve An Ordinance Authorizing The Sale And/Or Disposal Of Items Of Personal Property Owned By The City Of Genoa

E) Consider The Purchase Of Internal Chimney Seals For Storm Sewer Repairs

· Motion To Approve The Purchase Of Internal Chimney Seals For Storm Sewer Pipe Repairs From Ferguson Waterworks Company, Not To Exceed $5,900

Ix. Department Reports

A) Administration

B) Finance

C) Public Works

D) Police

E) Mayor

X. Announcements

Xi. Motion To Adjourn

https://www.genoa-il.com/wp-content/uploads/2020/09/CCagenda09152020.pdf