Noman Cole Capital Costs
in progressSummary
The Noman Cole capital costs project involves financing capital improvements related to the Noman Cole facility as part of the city's broader sewer system capital program. On April 14, 2026, the City Council unanimously introduced an authorizing ordinance (as part of the consent agenda) to issue sewer system revenue bonds of up to $11,000,000, with Noman Cole capital costs cited as one of the purposes. On May 12, 2026, following a public hearing that drew no public testimony, the Council unanimously approved Ordinance 2026-10 and Bond Resolution R-26-27, formally authorizing the issuance of up to $11,000,000 in sewer system revenue bonds to finance sewer system capital costs, including those associated with Noman Cole. All six council members voted in favor at both junctures.
Open questions & options on the table
- Actual bond issuance and application of proceeds to Noman Cole capital costs have not yet been recorded as completed.
Recent updates
[7c] 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.
[6l] Noman Cole capital costs were cited as a purpose for the proposed $11,000,000 sewer system revenue bond ordinance introduced at this meeting.
Full history
[6l] Noman Cole capital costs were cited as a purpose for the proposed $11,000,000 sewer system revenue bond ordinance introduced at this meeting.
[7c] 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.