City Council - Budget and Finance Committee

City of Bellingham Finance and Personnel Committee Meeting Agenda 11/10/2014, 1:00 PM Mayor Kelli Linville Contact: (360) 778-8200, ccmail@cob.org Council Members Michael Lilliquist, Chair www.cob.org/council Gene Knutson, Terry Bornemann All meetings are held in the City Hall Council Chambers at 210 Lottie Street, Bellingham, WA unless otherwise noted. Call to Order Council Standing Committee Meetings: Open to the public to attend. Note: there is generally no public comment period for Committee sessions. Standing Committee Members receive reports and information, ask questions and, when appropriate, vote on a recommended action for consideration by the full Council at the Regular Meeting. Committee Chairs give a report of the Committee Meeting at the Regular Meeting in the evening prior to deliberation and formal vote in the order shown below: Finance and Personnel Michael Lilliquist, Chair Gene Knutson; Terry Bornemann 20622 1. An Ordinance approving the advance refunding of the p. 1 outstanding 2005 Limited Tax General Obligation Bonds AN ORDINANCE OF THE CITY OF BELLINGHAM, WASHINGTON, PROVIDING FOR THE ISSUANCE OF ONE OR MORE SERIES OF LIMITED TAX GENERAL OBLIGATION REFUNDING BONDS OF THE CITY IN THE AGGREGATE PRINCIPAL AMOUNT OF NOT TO EXCEED $6,100,000 TO REFUND CERTAIN OUTSTANDING LIMITED TAX GENERAL OBLIGATION BONDS AND TO PAY COSTS OF ISSUING THE BONDS; PROVIDING THE FORM AND TERMS OF THE BONDS; APPROVING AN ESCROW DEPOSIT AGREEMENT; AND DELEGATING THE AUTHORITY TO APPROVE THE FINAL TERMS OF THE BONDS 20623 2. An Ordinance Establishing the Property Tax Levy Rate for p. 65 2015 AN ORDINANCE OF THE CITY OF BELLINGHAM, WASHINGTON, RELATING TO THE LEVYING OF TAXES AND ESTABLISHING THE AMOUNT TO BE RAISED IN 2015 ON THE ASSESSED VALUATION OF THE PROPERTY WITHIN THE CITY 1  Adjournment Agenda Information: Council Committee and Regular meeting agendas and agendas packets, which contain the supporting documentation for agenda items, are available to the public Thursday afternoon prior to the meeting. They are posted at www.cob.org/meetings on the Bellingham web site. Accessibility: The Council Chambers is fully accessible. Elevator access to the second floor is available at City Hall’s west entrance. Hearing assistance is available and a receiver may be checked out through the clerk prior to the evening session. For additional accommodations, persons are asked to contact the Legislative Assistant at 778-8200 in advance of the meeting. Thank you. Next City Council Meeting 11/24/2014 Deadline to submit material for the public hearing for inclusion in the published agenda packet is 10:00 a.m. on Wednesday prior to the meeting. 2