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Kankakee Times

Friday, November 22, 2024

City of Momence Budget & Finance Committee Met October 19

Meeting 05

City of Momence Budget & Finance Committee met Oct. 19.

Here is the minutes provided by the committee:

The Budget and Finance Committee meeting was held in the Council Chambers at 29 North Dixie Highway, Momence.

Present: committee members: Aldermen Salomone, Metz, Cook and Cope. Also, present were Aldermen Clark, Rehmer, Temple and Mayor Steele.

Bills were discussed for payment

Update on bonds refinancing: referenced the bond schedule that was sent out. Looking at 20000.00 saving with the refinance. Jake will be getting in touch with IDOT, this involves MFT for approval. The bank will come out for a presentation when everything is ready to go.

Meeting adjourned 7:21 PM

http://cityofmomence.com/minutes/201019%20Budget%20and%20Finance.pdf

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