There were no comments on this item.
Motion by Councilmember Donelson, seconded by Councilmember Henjum, that
the Ordinance of the City of Colorado Springs, Colorado providing for the
refunding of certain outstanding utilities system revenue bonds of the City;
providing for the extension, betterment, other improvement and equipment of
the City of Colorado Springs Utilities system; providing for the issuance and sale
of the City Of Colorado Springs, Colorado, Utilities system improvement revenue
bonds, Series 2023a in an aggregate principal amount not to exceed
$250,000,000, and the City Of Colorado Springs, Colorado, Utilities system
refunding revenue bonds, Series 2023b in an aggregate principal amount not to
exceed $186,000,000, payable solely out of the net revenues to be derived from
the operation of the City Of Colorado Springs Utilities system; authorizing the
execution by the City of a paying agent agreement, escrow agreement, a bond
purchase agreement, and an official statement related thereto; and providing
other matters relating thereto be approved on first reading. The motion passed
by a vote of 9-0-0-0
9 -
Aye:
Avila, Crow-Iverson, Donelson, Helms, Henjum, Leinweber, O'Malley, Risley, and
Talarico
10. Unfinished Business
10.A.
Ordinance No. 23-29 amending Ordinance No. 22-90 (2023 Budget
Appropriation Ordinance) for a supplemental appropriation to the
Lodgers & Auto Rental Tax (LART) Fund in the amount of $717,960 for
additional projects and events recommended by the LART Citizen
Advisory Committee and as amended by City Council; and to the Capital
Improvements Program (CIP) Fund in the amount of $250,000 for a
LART-funded capital project that will be administered by the City of
Colorado Springs Parks, Recreation and Cultural Services Department
Presenter:
Chris Fiandaca, City Budget Manager
PK McPherson, Chair, LART Citizen Advisory Committee
There were no comments on this item.
Motion by Councilmember Henjum, seconded by Councilmember Donelson, that
Ordinance No. 23-29 approving a supplemental appropriation to the Lodgers &
Auto Rental Tax (LART) Fund and the Capital Improvements Program (CIP) Fund
as amended for an additional appropriation of $7,500 to Colorado International
Events to fund the Pikes or Bust Rodeo Parade be finally passed. The motion
passed by a vote of 8-0-1-0
8 - Avila, Crow-Iverson, Donelson, Helms, Henjum, O'Malley, Risley, and Talarico
1 - Leinweber
Aye:
Absent: