Ordinance 22-30

This ordinance authorizes the City of Bloomington to issue its General Revenue Annual Appropriation Bonds, Series 2022, in one or more series, in the aggregate principal amount not to exceed $29,500,000. The bonds will be issued to finance costs of constructing, renovating, replacing, repairing, improving and/or equipping certain facilities for the City's police and fire department, together with the costs of issuance thereof. Note: At the December 7, 2022 Regular Session, the Council adopted Amendment OJ, which removed language referencing an additional appropriation of the bond proceeds that will be proposed as a separate item of legislation.