The Panora City Council will meet Monday.
The Council will hold a public hearing over the general obligation corporate purpose loan agreement and will consider taking additional action on the proposal to enter into the agreement. The Council will then consider a date to set a public hearing on the proposal to enter into a general obligation loan agreement and to borrow money to not exceed $120,000 to fund vehicles and equipment for the municipal public works and police departments. Also, the Council will hold a public hearing on the fiscal year 2021-22 budget amendment and then take action on the item. Finally, the Council will consider for approval the year-end interfund transfers.
The meeting will take place at the Panora City Hall at 5:30pm with a virtual option listed.