May 12, 2026Asheville City Council
From the minutes, not yet reviewedCouncil approves the negotiation of an Installment Financing Contract.
Council voted to approve the negotiation of an Installment Financing Contract. It also provides 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