May 12, 2026Asheville City Council
From the minutes, not yet reviewedWhat it does
Authorizes the negotiation of an Installment Financing Contract and providing for certain other related matters thereto.
- Passed. Everyone present voted yes.
- The money, in the minutes' words: “Staff is seeking Council approval of the initial resolution authorizing the installment financing and related issuance of 2026 Interim Limited Obligation Bonds (LOBs) in an amount not to exceed $40,000,000.”
Official title: Council adopted a resolution authorizing the negotiation of an Installment Financing Contract and providing for certain other related matters thereto
Carried unanimously
From the minutes: This motion was seconded by Councilwoman Turner and carried unanimously.
Read the motion as recorded
“Councilwoman Ullman moved to adopt a resolution authorizing the negotiation of an Installment Financing Contract and providing for certain other related matters thereto.”
Open the minutesMotion text in the minutes