City of Geneseo City Council Met May 25.
Here is the agenda provided by the council:
1. ROLL CALL
2. PUBLIC COMMENT
City Ordinance allows members of the Public to speak and give input up to 3 minutes during Public Comment, there can be no debate or action by the City Council at this time.
3. ADMINISTRATION
3.1. Discussion of Ordinance O-21-06.
AN ORDINANCE authorizing and providing for the issue of not to exceed $4,200,000 Taxable General Obligation Bonds (Alternate Revenue Source), Series 2021, of the City of Geneseo, Henry County, Illinois, to finance a portion of the unfunded accrued actuarial liability of the City’s Police Pension Plan, to pay bond discount, bond interest, financing, and administrative expense; prescribing the details of said bonds; providing for the imposition of taxes sufficient to pay the same, authorizing the execution of a Bond Order and for the collection, segregation and application of certain City revenues to pay said bonds.
Motion to approve Ordinance O-21-06.
AN ORDINANCE authorizing and providing for the issue of not to exceed $4,200,000 Taxable General Obligation Bonds (Alternate Revenue Source), Series 2021, of the City of Geneseo, Henry County, Illinois, to finance a portion of the unfunded accrued actuarial liability of the City’s Police Pension Plan, to pay bond discount, bond interest, financing, and administrative expense; prescribing the details of said bonds; providing for the imposition of taxes sufficient to pay the same, authorizing the execution of a Bond Order and for the collection, segregation and application of certain City revenues to pay said bonds and to put on the consent agenda.
3.2. Discussion of Ordinance O-21-07 amending Gaming for truck stops.
The number of video terminals permitted in a Licensed truck stop shall not exceedf the number permitted by state statute and regulation versus a fixed number of 6.
Motion to approve Ordinance O-21-07 amending Gaming for truck stops.
4. ADJOURNMENT
4.1. Move to close the meeting
Motion to Adjourn
https://cityofgeneseo.civicweb.net/document/12697?printPdf=true