A summary of the proceedings for the Morgantown City Council meeting on Jan. 4, 2022.
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- PROVIDING FOR INFRASTRUCTURE IMPROVEMENTS TO CITY FACILITIES THROUGH LEASE REVENUE BONDS
At the recommendation of the City Manager, this ordinance would authorize the Morgantown Building Commission to issue lease revenue bonds not to exceed $7,000,000. The Series 2022 Lease Revenue Bonds would be used to provide for the design, purchase and construction of improvements to Morgantown City Hall, the Public Safety Building, Norwood Fire Station, and the City Garage. All of these facilities are aging and in desperate need of repair.
First Reading. Passed 7-0.