Ordinance 22-13

This Ordinance approves the issuance of general obligation bonds of the City of Bloomington, Indiana, under Indiana Code § 36-4-6-19, in an aggregate principal amount not to exceed $5,800,000, for the purpose of financing longer-term capital projects and investments throughout the City in order to promote climate change preparedness and implement equity and quality of life for all City residents. Note: Exhibit A to Ordinance 22-13 was revised after distribution in the Legislative Packet but before introduction at the Regular Session on April 6, 2022. The revision moved the High Street multiuse path and intersection modernization project to the top of the list contained in the exhibit to reflect the order of the administration's project priorities. Also note: At the April 20, 2022 Regular Session, the Council adopted Amendment OJ, which removed five items from the list of projects contained in Exhibit A. It also reordered the remaining items in the exhibit, increased the minimum cost estimate for one item, and inserted language to make clear that the projects were listed in order of priority.