| | MANAGER'S REPORT:
This ordinance would send a bond package to the voters to consider in the municipal election on October 6, 2020. As currently drafted, this ordinance would send one general obligation bond proposition of up to $15 million for the following types of municipal infrastructure projects:
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Approximately $5 million for critical repairs to schools, including roof replacements;
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Approximately $5 million for repairs and capital improvements to municipal parks; and
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Approximately $5 million for street infrastructure and building maintenance repair and energy efficiency projects.
The Assembly Finance Committee discussed this matter on July 8 and July 23, 2020. This ordinance was introduced at the July 20, 2020 Special Assembly meeting. Version (b) of this ordinance reflects the changes made by the Assembly Finance Committee.
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