Posted: October 28, 2024 | Updated: November 1, 2024
AGENDA
NOTICE AND CALL OF PUBLIC MEETING
GOVERNMENTAL BODY: THE CITY COUNCIL OF CRESCO, IOWA
DATE OF MEETING: OCTOBER 29, 2024
TIME AND PLACE OF MEETING: 4:30 P.M. CITY HALL, 130 N PARK PLACE
PUBLIC NOTICE IS HEREBY GIVEN THAT THE ABOVE MENTIONED
GOVERNMENTAL BODY WILL MEET AT THE DATE, TIME AND PLACE SET OUT ABOVE. THE TENTATIVE AGENDA FOR SAID MEETING IS AS FOLLOWS:
ROLL CALL: CARMAN, BOUSKA, FOSAAEN, McCONNELL, KRIENER
BUSINESS: There may be action taken on each of the items listed below.
- Discuss Capital Improvement Plan Projects and Funding
COMMENTS FROM AUDIENCE:
ADJOURN:
THIS NOTICE IS GIVEN AT THE DIRECTION OF THE MAYOR PURSUANT TO CHAPTER 21, CODE OF IOWA AND THE LOCAL RULES OF SAID GOVERNMENTAL BODY. POSTED OCTOBER 28, 2024.
MINUTES
Mayor Fortune called the Cresco City Council CIP worksession to order on October 29, 2024, at 4:30 pm. Council Members Carman, Bouska, Fosaaen, McConnell, and Kriener were present. No council members were absent.
Council discussed the Capital Improvement Plan (“CIP”) for 2022 – 2027 and bonding capacity. The current debt limit for the City is $11,824,216. The outstanding general obligations are $5,995,000. Council would like to leave some debt capacity to be used in case of emergency. All of the projects on the CIP are over $50,000, bonding will be used to fund some of the projects. Council would like to have the department heads review the equipment to see if any can be pushed back to later years. The donation projects will be listed separately to help with reviewing the CIP and will be completed when funds are received thru donations and grants.
Council will rank the projects and the annual update will be presented at a future council meeting.
Kriener moved to adjourn the worksession at 6:20 pm. Carman seconded and it passed all ayes. The next regular Cresco City Council meeting will be November 4, 2024, at 5:30 pm at Cresco City Hall.
Mayor Alexander Fortune
City Clerk Nicole Hill