b. Debt Service on Indebtedness for Parking Garage Project. The Parties

City Council Meeting · 2026-05-12 · agenda_item

This item concerns debt service payments for a Parking Garage Project. The City and Agency are authorized to use available Agency tax increment funds to pay outstanding debt on this project. This is a financial matter related to a previously approved project. The scope of work would involve the financial management and disbursement of funds for debt repayment. This is an early stage in the financial process for the project. Local businesses involved in financial services, accounting, and potentially legal services related to municipal finance could be involved. Understanding the financial structure and timing of these payments could be advantageous for service providers.