The City Council has passed a correction to the City Council Special Pamphlet for Ordinance SO2024-0007838. The correction pertains to the issuance of General Obligation and/or Sales Tax Securitization Corporation Bonds to fund economic development and affordable housing programs. This correction ensures accurate recording and implementation of the previously approved ordinance.
This correction is important as it ensures that the issuance of bonds for critical economic development and affordable housing programs is properly documented and implemented. Accurate record-keeping is essential for the execution of city policies and programs.