On Friday, July 1, we held our second Facilities Authority (FA) meeting.
What in the world is that, you ask? Like other authorities, the FA can get better bond rates than the city. So it is a funding mechanism for city projects to be paid over some period of time. Fancy words for getting loans at the best interest rates.
What it is not is a council function or meeting. No council discussion or decisions can be made. That is added because the FA membership is the mayor and four council members. Read More»