What: A package of bond ordinances (32210-26 through 32217-26), including $24.365 million of sewer revenue bonds, and an Ohio EPA Water Pollution Control Loan Fund loan resolution (6955-26).
Where it stands: The ordinances were declared emergencies on 2026-09-23 and passed unanimously on 2026-09-30.
Next: Resolution 6955-26 was adopted 4-0 on 2026-09-30.
Details
A municipal bond presentation preceded the ordinances on 2026-09-23.
Finance director presented the 2026 plan: about $21.5 million of general obligation bonds (facility improvements, fire and waste vehicles, outdoor facilities), a $13.8 million refunding executed only if favorable, and $24.4 million of sanitary sewer revenue bonds, with the airport's rating upgraded from A- to BBB+. Emergency Ordinances 32210-26 to 32217-26 were declared emergencies on first reading; Resolution 6955-26 had its first reading. Two citizens asked for full cost disclosure and about buyers for the debt.
Bond ordinances 32210-26 through 32217-26 passed on second reading with four votes in favor (Commissioner Joseph excused). The finance director explained that five of the ten property-tax mills repay debt and that the city holds a AA+ rating. Resolution 6955-26 (Ohio EPA loan for the Broadway pump station condition assessment) was adopted with four votes.