Title
Resolution authorizing the issuance of capital outlay notes in an amount not to exceed $1,200,000
Body
SUMMARY:
As previously discussed, capital outlay notes are being secured for the financing of the police vehicles and air packs and equipment for the Fire Department. The notes will be at an interest rate of 1.82% for 3 years.
BUDGET ACCOUNT:
Recommended Action
NECESSARY COUNCIL ACTION: Approve resolution.