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Sunday, May 19, 2024

City of Gibson City Council met Oct. 2

City of Gibson City Council met Oct. 2.

Here is the agenda provided by the council:

The agenda for the Special Meeting is as follows:

I. CALL TO ORDER

II. PLEDGE OF ALLEGIANCE

III. PUBLIC COMMENT

IV. Discussion of probable/imminent litigation involving the City.

V. AN ORDINANCE amending a prior bond authorizing the issuance of General Obligation Bonds (Alternate Revenue Source), Series 2023 of the City of Gibson City, Ford County, Illinois, in an aggregate principal amount of not to exceed $2,300,000 for the purpose of financing the costs of certain capital projects within the City and paying for costs related thereto, and providing for the levy of a direct annual tax sufficient to pay the principal of and interest on said bonds.

VI. General questions for and questions of the City Attorney. VII. ADJOURNMENT

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