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A
Thing
and
an
interest
of
efficiency,
because
we
have
some
long
titles
and
synopsis
of
these.
A
Ordinances,
I'll
just
read
the
title
and
synopsis
when
we
get
to
these
ordinances
in
sequence,.
A
A
A
A
And
is
it
mr
underwood,
who's
going
to
present
on
ordinance
2141
this
evening
or
I'm
going
to.
B
Introduce
I
have
with
me
tonight,
as
you
know,
we
have
two
bond
refundings
up
to.
B
Discuss
tonight,
which
we're
always
happy
to
bring
to
you,
because
we're
not
asking
for
money.
B
We're
actually
asking
to
save
money.
These
two
issues
will
separately
will
generate
savings.
B
I
have
tonight
with
me
bruce
donaldson,
with
barnes
and
thornberger.
B
For
your
consideration,
so
introduce
bruce
donaldson
with
barnes
and
thornberg
that'll.
C
Thanks
jeff
good
evening,
everyone
bruce
donaldson
with
barnes
and
thornburg.
C
C
C
C
C
Would
take
into
account
the
the
costs
the
the
cost
will
not
be
in
addition
to.
C
His
presentation
that
he's
put
together
on
this
and
then
we
can,
we
can
entertain
questions.
D
Thanks
bruce
and
thank
you
all,
I'm
gonna.
D
Share
my
screen
here
and
can
everyone
see
the
blue
screen.
D
How
about
now,
yes,
okay,
the
just
as
an
overview!
First
of
all,
as
bruce
indicated,.
D
These
are
two
pretty
straightforward:
refunding
deals.
We're
gonna
go
through
a
couple
of.
D
You
know
what
those
current
market
expectations
will
would
be.
Today
we
just
got
recent
updates.
D
From
the
two
different
underwriting
firms
that
are
working
on
these
deals
earlier
this
week,.
D
And
I'm
gonna
sort
of
talk
about
both
of
them,
but
there's
gonna
be
some
general
comments
that.
D
I
think
you
know
came
up
as
a
result
of
some
of
the
questions
at
the.
D
Refinancing
your
home,
it's
we're
not
extending
the
maturities.
It's
it's
all
going
to
be.
D
Paid
off
in
the
same
time
frame
and
on
the
solar
lease
deal,
we.
D
D
Value
savings
so
they're
both
considered
revenue,
bonds
and
one
of
the
questions.
D
Sees
fit
but
there
will
be
no
pledge
of
property
taxes
associated
with
it.
D
D
Mentioned
the
fact
that
these
are
both
right
now,
the
market
is
pushing
things
to
premium
bonds.
D
D
D
D
No
dedicated
property
tax
levy
doesn't
affect
the
tax
rates
or
anything
in
in
the
property
tax.
D
D
And
in
fact,
in
the
case
of
the
solar
park
bonds,
we've
had
this
division
between
the
utilities,
the.
D
D
The
call
date
in
january
and
we're
issuing
11.2
million
in
bonds
for
the
new
bond
issue.
D
D
D
D
D
Ultimate
test
of
savings,
so
what
does
the
bond
premium
mean
on
this
deal?
It
means
that.
D
Our
proceeds
are
going
to
exceed
the
par
value,
we're
basically
getting
11.9
million
in
proceeds.
D
Plus
the
interest
accrued
through
our
data
closing
we're
looking
at
a
little
over
7
million.
D
D
Off
of
there
yet
so
the
total
resources
and
total
uses
of
the
funds
is
about
8.1
million
dollars.
D
D
D
D
Less
than
the
three
percent
coupon
rate-
and
so
this
is
really
the
all
in
true
interest.
Cost
is.
D
Were
priced
so
again
we
think
it's
a
pretty
straightforward
situation,
we're
doing
these.
D
You
know
really
at
their
earliest
opportunity.
That
was
a
question
that
came
up
with
the.
D
D
Rates
creep
up
next
year
and
we
want
to
you
know
a
bird
in
the
hand
is
worth.
D
Two
in
the
bush,
I
guess,
is
a
good
way
of
and
then
obviously
the
analogy
of
the.
A
Mr
kelson
did
you
want
to
add
anything?
No,
I
think
buzz
and
jeff
have
discussed
it
very.
E
Well,
we're
we're
very
pleased
to
be
pursuing
this
and
we
appreciate
everyone's
interest
in
it.
A
Okay,
so
thank
you
very
much
for
the
presentation.
All
we'll
go
to
council.
A
Outstanding
sewage
works
revenue,
bonds
and
we'll
consider
ordinance
2142
in
a
moment.
A
D
For
32,
I'm
sorry,
those
are
those
percentages.
Those
allocations
are
fixed,
correct.
D
Least
originally
issued
for
that,
but
that
was
the
the
cost
allocations
that
were
determined.
D
D
Those
those
were
set
up,
dude,
you
know
that's
the
way
the
costs
fell
when
the
project
was.
D
A
Seeing
on
we
can
go
to
the
public
if
anyone
from
the
public
has
comments
for
those
interested
in.
A
A
A
And
seeing
none,
I
would
entertain
a
do
pass
recommendation
for
the
or
motion
for
the.
A
Ordinance
move
do
pass.
Second,
okay,
I
will
call
the
roll,
as
I
see
it,
on
my
screen
on
the.
A
And
I
will
also
vote
yes,
so
that
is
a
6-0
recommendation
from
the
committee
that
we
will.
A
A
A
A
G
Yes,
I
wonder
if
probably
this
is
for
mr
underwood,
if
you
could
explain.
A
A
A
On
ordinance
21-42
chair,
yes,
mr
donaldson,
I'm
sorry
to
interrupt,
but
I
wanted
to
ask.
H
Mr
allen,
as
in
the
meeting
and
might
be
better
able
to
speak
to
this,
I
think
there
is
an.
H
May
go
out
in
the
packet
for
next
next
week's
meeting.
Mr
allen,
you
want
to
speak
to
that.
I
Yeah
this
this,
we
just
had
the
amendment
finalized
today
or
a
draft
of
it.
Finally,.
I
The
appropriation
part
there
is
a
requirement
for
a
public
hearing.
I
We'll
tackle
on,
I
believe
december
first
is
the
the
current
plan
to
do
the
appropriation
of.
I
The
proceeds
from
the
sale
of
the
bond
to
cover
the
refinancing
of
the
solar
agreement
to
make.
I
Sure
that
we
are
properly
noticed
for
that
public
hearing,
so
the
amendment
that
we're.
I
C
A
Background
we
do
have
a
do
pass
recommendation
of
pending.
I
will
call
on
members,
as
I
see
them,.
A
A
Ordinances,
thank
you.
Moving
on
the
agenda
to
ordinance
21-43
an
ordinance
to
amend
title.
A
J
J
So
the
ordinance
proposes
various
amendments.
The
title
15
of
the
bloomington
municipal
code.
J
J
Who
are
in
this
new
meeting?
We
have
beth
rosenberger
planning
services
manager.
K
That's
correct:
this
is
a
marker
february,
2022
I'll
get
the
exact
date
for.
K
L
Report,
mr
farci,
I
can't
seem
to
find
it,
but
maybe
you
could
share
with
me
on
the
illinois.
L
Court
off
of
illinois
street
parking
was
there
a
net
increase
for
parking
spaces
with
this.
L
Disorders,
I
think
these
changes
the
changes
effectively
codify
what
residents.
M
J
Okay,
thank
you.
So
I
guess
technically,
it
adds
all
the
spaces
that
are
shown
because
they
weren't.
A
Guys,
councilmember
piedmont,
smith
next.
G
Yes,
thank
you,
mr
farsi,
for
the
presentation.
I
have
a
question
about
jordan
avenue
north.
G
Of
17th
street
that
part
of
jordan
avenue,
I
believe,
is
to
be
renamed
as
well.
Is
that.
G
K
To
what
is
currently
jordan
avenue
north
of
17th,
because
we
can't
have
traffic
regulations.
G
Okay,
thank
you
and
just
out
of
curiosity,
what
is
the
new
name
for
north
of
17th.
G
K
L
J
On
the
ongoing
coordination
with
the
adjacent
businesses,
part
of
the
seven
line,
project
and
yeah.
N
And
so,
if
we're
responding
to
the
restaurants
that
are
there,
I
think
it's
great.
So
thank
you.
A
Okay,
seeing
none
we
will
go
to
the
public
for
any
comment
on
ordinance,
21-43.
A
F
A
Councilmember
sims,
yes,
and
I
vote
yes,
that
is
a
6-0
recommendation
in
favor
of
ordinance,
2143.
A
Thank
you,
staff
members
for
the
presentation,
thank
you
and
moving
on
in
our
agenda.
A
A
A
A
O
O
O
We
are
proposing
two
spaces,
two
motorcycle
spaces.
I'm
sorry
could
you
make
the
a.
O
Thank
you.
Two
reserve
motorcycle
parking
spaces
at
112,
west
sixth
street.
O
And
then
we
are
going
to
the
space
was
made
previously
and
we're
going
to
codify.
O
Does
it
I
will
go
ahead
and
move
on
section
two
allows
the
so
currently
right
now
we.
O
Sell
downtown
employee
parking
permits,
the
request
is
that
I
have
40
available
spaces
to.
O
Now
that
the
division
of
spaces
have
been
made
back
in
2019,
I'm
finding
a
lot
more.
O
Businesses
are
sectioned
in
zone
four
requesting
a
lot
of
my.
I
have
to
be
involved
a
lot
with.
O
Section
3:
do
you
have
that
picture
thanks
amir
appreciate
it
section
3
is
I
wanted
to
give
you
a.
O
Bird's-Eye
view
of
these
two
ada
spaces
they're
located
right
when
you
turn
into
the
right
in
the.
O
Know,
federal
federal
federally,
it's
mandated
that
the
ada
takes
precedence,
and
so
I
believe.
O
So
we
could
not
move
the
ev
charging
stations,
but
we
did
catch
it
before
fourth
street.
So.
O
I'm
pleased
to
share
that
fourth
street
does
not
have
any
ada
parking
with
eb
charging
stations.
O
Section
four
is
that
we
were
requesting
delete
the
administrative
towing
fee
for
the.
L
Thank
you.
Thank
you
for
the
presentation,
miss
paul
and
again,
thank
you
for
that.
L
Visual,
I
need
to
see
things
like
that.
Mr
farcia
earlier
said
that.
L
Title
15
is
subject
to
frequent
changes
and
updates,
and
I
agree
with
that.
O
So
one
of
the
greatest
things
with
I
believe
the
rdc
recommended
that
we
be
able
to
continue
to.
O
So
if
we
we'll
have
people
stationed
in
both
of
these
facilities
and
if
we
see
an.
O
O
L
G
Yes,
on
the
same
issue
of
the.
G
The
ada
parking
spaces
that
are
also
charting
charging
spaces
for
electric
vehicles.
A
Seeing
none,
we
will
go
to
the
public
for
any
comments
on
ordinance,
2144.
A
Give
it
a
few
more
moments
if
anyone
in
attending
this
member
of
the
public
would.
H
A
L
L
Being
able
to
utilize
that
that
service,
if
there
are
other
accessible
spots,
yeah.
A
N
N
To
the
other
accessible
spots
in
in
the
in
the
parking.
O
N
Wondered
if
there
was
if
it
was
easy
for
them
to,
you
know,
find
a
spot
if,
if
those
were.
A
A
Members
on
the
screen-
councilmember
scamilary,
yes,
councilmember,
sandberg,
yes,
councilmember.
A
A
A
Rise
and
report
our
recommendations
to
the
council
in
our
next
regular
session.