City of East Moline City Council met March 2.
Here is the agenda provided by the council:
1. PLEDGE OF ALLEGIANCE
2. ROLL CALL
3. CITY CLERK’S REPORT
4. CONSENT AGENDA.
a. Approval of the City Council Minutes of February 18, 2020.
b. Approval of the Committee-of-the-Whole Minutes of February 18, 2020.
c. Approval of Salaries for February 21, 2020 in the amount of $411.617.02
d. Approval of Bills in the amount of $418,833.53.
5. REPORT BY MAYOR
6. CITY ATTORNEY
Attorney Lincoln T. Scott
ORDINANCE:
1ST Reading
20-02: Ordinance Authorizing The Issuance And Providing For The Sale Of Not To Exceed $10,000,000 General Obligation Alternate Bonds (Tax Increment And State Revenue Sharing Alternate Revenue Source), Series 2020a, And Not To Exceed $2,500,000 Taxable General Obligation Alternate Bonds (Tax Increment And State Revenue Sharing Alternate Revenue Source), Series 2020b (Together, The “Series 2020 Bonds”), Of The City Of East Moline, Rock Island County, Illinois, For The Purpose Of Refinancing A Portion Of An Outstanding Bank Line Of Credit Entered Into To Finance The Payment Of Certain “Redevelopment Project Costs” In Furtherance Of The “Tax Increment Finance City Of East Moline Port Of Call Redevelopment Project Area Redevelopment Plan And Project” And Reimbursing The City For Its Prior Payment Of A Portion Of The Interest Due Under The Bank Line Of Credit; Providing For The Pledge Of (A) Tax Increment Revenues Received And To Be Received By The City With Respect To The Port Of Call Redevelopment Project Area And (B) Revenues Derived From Distributions To The City Of State Income Tax Revenue-Sharing Revenues, To The Payment Of Principal Of And Interest On The Series 2020 Bonds; Providing For The Levy Of A Direct Annual Tax For The Payment Of Principal Of And Interest On The Series 2020 Bonds; Providing Procedures For The Abatement Of Such Tax Based On The Availability Of Alternate Revenues; Delegating To Authorized Officers The Authority To Determine Certain Terms Of The Series 2020 Bonds Within Parameters Established In This Ordinance; Providing For The Execution And Delivery Of A Continuing Disclosure Undertaking In Connection With The Series 2020 Bonds; And Concerning Related Matters.
20-03: An Ordinance Of The City Council Of The City Of East Moline, Illinois, Vacating An Alley Located In The City Of East Moline.
RESOLUTIONS:
20-07: A Resolution Of The City Council Of The City Of East Moline, Illinois, Approving The Third Amendment To Site License Agreement.
20-08: A Resolution Of The City Council Of The City Of East Moline, Illinois, Authorizing The Replacement Of Body Armor For The Crisis Containment Unit (Ccu) In The Amount Of $10,761.48.
7. OTHER:
8. COMMITTEE-OF-THE-WHOLE (Alderman Mulcahey)
9. CITY STAFF COMMUNICATIONS
10. CLOSED SESSION – 5 ILCS 120/2 © 11 LITIGATION
11. ADJOURNMENT
https://www.eastmoline.com/AgendaCenter/ViewFile/Agenda/_03022020-601
Alerts Sign-up