The Neodesha City Commission will meet today with economic development and EMS services on the agenda.
At today's meeting, commissioners will discuss the issuance of $4.8 million in Industrial Revenue Bonds or I-R-Bs for Griffith Development to complete efforts on a commercial facility on Main Street. I-R-Bs are municipal debt securities issued by a government agency on behalf of a private company to fund development projects. They allow the City to act as a pass-through for financing, while the private company involved remain solely responsible for repayment.
Commissioners will also consider the establishment of an EMS Sales Tax Fund to specifically earmark the City's 1% sales tax for EMS services instead of that money being directed into the general fund.
Also on today's agenda is the authorization for abatement on a property on North 8th Street, a request for the use of Riverwalk Park and the Disc Golf Course, and the awarding of hay lease bids.
Today's meeting begins at 4pm in the Commission Room at Neodesha's City Hall. The meeting is open to the public and will also be recorded for later viewing on the City's Facebook page.
