Bonds and debt items in Town of Morrisville
15 items. Each one links to the meeting it was on. This is the bottom of every drill-down on this site: whatever a chart says, the items behind it are here to be counted.
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| Subject | Items |
|---|---|
| Bonds and debt | 15 |
| Budget and appropriations | 8 |
| Stormwater and flooding | 5 |
| Tax rate and revaluation | 5 |
| Fees and utility rates | 3 |
| Public facilities | 3 |
| Annexation | 1 |
| Appointments and personnel | 1 |
| Contracts and procurement | 1 |
| Housing and affordability | 1 |
| Parks and recreation | 1 |
| Roads and transportation | 1 |
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11.b Public Hearing and Resolution on 2nd Financing of Public Works Facility and 260 Town Hall DriveA public hearing and resolution on a second round of financing for the town's Public Works Facility and a town hall annex at 260 Town Hall Drive.
- 260 Town Hall Dr · 2.4 acres · Town of Morrisville
- 125 International Dr · 4.2 acres · Town of Morrisville
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A resolution supporting the federal tax exemption on municipal bonds, which is what makes local borrowing cheap.
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Continued hearing on a development agreement for the Town Center project with Singh Development, LLC, with a companion resolution seeking Local Government Commission approval of related financing. The hearing opened July 23 and continued through an August 13 work session, with action scheduled for this meeting.Public hearing Bonds and debt
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Five items go up for a single vote: a Gandhi statue resolution, three months of meeting minutes, a bond sale resolution, advisory committee appointments and a real estate purchase.
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The council considers authorizing the sale of two bond series: Two-Thirds Bonds Series 2024A and General Obligation Bonds Series 2024B.Resolution Bonds and debt
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The council holds a public hearing and votes to adopt a two-thirds bond order, after a brief on July 9. The agenda does not state the bond amount.Public hearing Bonds and debt
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The resolution introduces a bond order for up to $1,710,000 in streets, sidewalk and connectivity improvement bonds and sets a public hearing on the borrowing. The town already carries $33.69 million in outstanding bonded debt, plus $20.5 million in unissued bonds already authorized for parks and street projects.
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A resolution on the consent agenda would authorize the town to buy a 2.16-acre parcel at 123 Marcom Drive for $799,200, plus a $39,960 realtor fee and $10,000 for a site assessment. The purchase would draw on the Land Acquisition Fund, financed with anticipated bond proceeds; the land's current tax value is $454,166.Consent agenda Bonds and debt
- 123 Marcom Dr · 2.1 acres · Town of Morrisville
- 123 Marcom Dr · 2.1 acres · Town of Morrisville
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The council holds a public hearing on the proposed $49.49 million FY2024 budget and could give it final reconciliation and adoption the same night. The proposed tax rate holds at $0.39 per $100 of valuation, with no general tax increase recommended, while the stormwater fee would rise from $40 to $50 per Equivalent Re…
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This is the potential adoption vote for the FY2024 budget taken up as a public hearing item earlier on the same agenda. If the council does not adopt the budget May 23, the schedule calls for a further work session May 25 and adoption June 13.
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Town Manager Martha Paige and Director of Management Services Jeanne Hooks continue work on a $49.49 million FY2024 budget, $48.2 million for the General Fund and $1.29 million for the Stormwater Fund, that holds the property tax rate at 39 cents per $100 of valuation and skips the one-cent increase staff says an affo…
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The manager presents a proposed FY2024 budget of $49.49 million ($48.2 million General Fund, $1.29 million stormwater), a tax rate held at 39 cents per $100 of valuation, and a $10 increase to the stormwater ERU fee, to $50. This session focuses on operations and the capital investment program; council guidance contin…
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The town manager would present a $48.2 million General Fund budget for FY2024, up from $45.8 million the year before, holding the property tax rate at $0.39 per $100 of valuation. Three cents of that rate service $37 million in voter-approved bonds, with a second bond issuance of $13.9 million planned for FY2024. The…
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Finance staff and the town's financial advisor, Davenport & Associates, present the FY2024 budget and capital plan outlook, including updated debt modeling for a $56 million five-year capital slate. Davenport says funding a Public Works facility within that plan would require a 1.5 to 1.8 cent tax rate increase, and t…
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Council would get a briefing on a $3.5 million design-build contract with Muter Construction for the next phase of Church Street Park's Southern Lot -- two volleyball courts, two basketball courts, a multi-purpose sport court, a restroom building, a picnic shelter, a promenade and a stormwater control measure -- with…
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