Item 16.1 on the regular city council agenda for May 17, 2016 contemplates the issuance of $100 million of certificates of obligation.
Item 16.2 on the same agenda contemplates the issuance of $200 million of general revenue bonds.
It’s a good thing that they only meet every other week.
I don’t think it makes much difference what the money is supposed to be for. Based upon what we have seen lately they might just “re-purpose” the money after they have it.
We deserve better