File #: 2580    Version: 1 Name:
Type: Work Session Item Status: Work Session
File created: 3/31/2016 In control: City Council
On agenda: 4/5/2016 Final action:
Title: Discuss Use Of City Credit For Infrastructure Upgrade.
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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CC MEETING: April 5, 2016

 

DATE: March 31, 2016

 

TO: Leonard Martin, City Manager

 

FROM: Laurie Garber, City Secretary/Admin. Services Manager

 

Title

Discuss Use Of City Credit For Infrastructure Upgrade.

 

Body

BACKGROUND:

The City Manager’s Office received a proposal from a private group seeking to upgrade public infrastructure which would require a guarantee of the debt by the City. The purpose of this item is to seek direction from council on whether to use the City’s credit to pursue this item.