Noman Cole Capital Costsin progress
Status set at the City Council Meeting on May 12, 2026
The Noman Cole capital costs project involves financing capital improvements at the Noman Cole facility as part of the city's broader sewer system capital program.
The funding mechanism is the issuance of sewer system revenue bonds of up to $11,000,000. The authorizing ordinance was introduced unanimously on the consent agenda at the April 14, 2026 City Council meeting. Following a public hearing on May 12, 2026 — at which no public testimony was offered — the Council unanimously approved Ordinance 2026-10 and Bond Resolution R-26-27, formally authorizing the bond issuance.
Noman Cole capital costs are one of the sewer system capital purposes to be funded by the approved bonds.
Still open
- Actual bond issuance and deployment of funds for Noman Cole capital costs has not yet been recorded; completion of financing and construction steps remain pending.
History
Filled dots are actions on this topic; open dots are mentions.
- Introduction of an authorizing ordinance for issuance of sewer system revenue bonds up to $11,000,000 (including Noman Cole capital costs)
Noman Cole capital costs were cited as a purpose for the proposed $11,000,000 sewer system revenue bond ordinance introduced at this meeting.
passedApproval of the full consent agenda including this item✓ Amos✓ Bates✓ Hall✓ Hardy-Chandler✓ McQuillen✓ Peterson - Public Hearing and Council Action on Authorizing Ordinance and Bond Resolution for Sewer System Revenue Bonds ($11,000,000)
Financing for Noman Cole capital costs is included among the sewer system capital projects to be funded by the approved $11,000,000 revenue bond issuance.
passedApprove Ordinance 2026-10 and Bond Resolution R-26-27 authorizing the issuance of revenue bonds in the maximum aggregate principal amount of $11,000,000 to finance capital costs related to the city's sewer system.✓ Amos✓ Bates✓ Hall✓ Hardy-Chandler✓ McQuillen✓ Peterson