This ordinance authorizes the issuance of limited tax bonds not exceeding $57,310,000.00 for economic and community development projects. The proceeds from the bond sale will fund a portion of capital improvement projects within the 2025 Capital Improvement Budget. These funds will be used for purchasing, demolishing, renovating, improving, equipping, and furnishing residential and commercial structures, acquiring and clearing sites, remediating environmental issues, extending utilities, and providing grants. The City Auditor certified that the improvement's estimated life exceeds five years and the maximum bond maturity is ten years. Emergency passage was requested to facilitate timely market entry for the bond sale, leveraging favorable market conditions and optimal timing to preserve public peace, property, health, and safety.