July 23, 2024Asheville City Council
From the minutes, not yet reviewedCouncil approves borrowing $20 million through General Obligation Parks and Recreation Bonds.
- Passed. Everyone present voted yes.
What that means
- Bonds:
- Bonds are loans the City pays back over many years, with interest.
Official title: Council adopted a Bond Order authorizing the issuance of $20,000,000 General Obligation Parks and Recreation Bonds of the City of Asheville, N.C. without change or amendment and directed the Clerk to publish a notice of adoption
Carried unanimously
From the minutes: This motion was seconded by Councilwoman Roney and carried unanimously.
Read the motion as recorded
“Councilwoman Turner moved to adopt a Bond Order authorizing the issuance of $20,000,000 General Obligation Parks and Recreation Bonds of the City of Asheville, N.C. without change or amendment and direct the Clerk to publish a notice of adoption.”
Open the minutesMotion text in the minutes