Council File: 24-1539-S1

Title

Reserve Fund Loans / Judgement Obligation Bond Issuance / Settlement Payments / Reimbursement

Date Received / Introduced

01/17/2025

Last Changed Date

02/18/2025

Expiration Date

01/31/2027

Reference Numbers

City Administrative Officer Report: 0220-05291-1609

Initiated by

City Administrative Officer

File Activities

Date	Activity
02/18/2025	Council action final.
02/06/2025	City Clerk transmitted file to Mayor. Last day for Mayor to act is February 18, 2025.
02/04/2025	Council adopted item, subject to reconsideration, pursuant to Council Rule 51.
01/31/2025	City Clerk scheduled item for Council on February 4, 2025.
01/21/2025	Budget and Finance Committee approved item(s) .
01/17/2025	Budget and Finance Committee scheduled item for committee meeting on January 21, 2025.
01/17/2025	City Administrative Officer document(s) referred to Budget and Finance Committee.
01/17/2025	Document(s) submitted by City Administrative Officer, as follows: City Administrative Officer report dated, January 17, 2025, relative to a resolution authorizing interfund borrowing from the City's Reserve Fund to pay certain judgment or settlement obligations, and declaring the intention to reimburse the City's Reserve Fund with proceeds of a judgment obligation bond issuance; and adopting certain findings and determinations to allow for a potential judgment obligation bond issuance in the future.

Online Documents (Doc)

Title	Doc Date

Mayor Concurrence/Council Action	02/19/2025
Communication(s) from Public	02/03/2025
Report from Budget and Finance Committee	01/21/2025
Speaker Card(s)	01/21/2025
Report from City Administrative Officer	01/17/2025