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Finance & Economic Dev Committee

  • Date: 05/18/2020 5:00 PM  
  • Location: Virtual Meeting via Zoom (see agenda for link)

Virtual Meeting of the Finance & Economic Development Committee


  • Ord. 20-012 Establish a Rate of Taxation on Real Property and the Taxable Property of Public Utility for Fiscal Year July 1, 2020 through June 30, 2021
  • Ord. 20-013 Adopt a Capital Program for the Fiscal Years 2021 to 2026 Inclusive
  • Ord. 20-014 Adopt a Capital Budget Program for the Fiscal Year 2021
  • Sub. 1 to Ord. 20-016 Adopt the Annual Operating Budget for the Fiscal Year Beginning on July 1, 2020 and Ending on June 30, 2021
  • Ord. 20-020 Authorize the Issuance of the City’s General Obligation Bond (LED Street Lighting Project), Series of 2020B-SEPRLF in Order to Provide the Funds Necessary for Capital Projects of the City of Wilmington Relating to the LED Street Lighting Project; Providing for the Sale of the Bond to the Delaware State Energy Program Revolving Loan Fund; and Authorizing Other Necessary Action
  • Ord. 20-021 Authorize the Issuance of a Tax and Revenue Anticipation Note, Series of 2020, of the City of Wilmington in Principle Amount Not to Exceed $20,000,000; Providing for the Sale of the Note at Private Negotiated Sale; Authorizing the City’s Bond Committee to Determine the Principle Amount, Interest Rate, Method of Sale, and Other Terms and Conditions of the Note; Pledging the Full Faith, Credit and Taxing Power of the City as Security for the Note; and Authorizing Other Necessary Action

The public can access the meeting by clicking the following link:
Webinar ID: 920 2076 6889

Or by Telephone by dialing: (929) 205-6099 or (301) 715-8592

You will be asked for the Webinar ID. Please enter 920 2076 6889 and then #. You can press # again when prompted to immediately enter the meeting.

(Agenda posted 5/15/2020)

If public comment is permitted during this committee meeting, any member of the public who wishes to speak during the committee meeting will be limited to three minutes per agenda item. If the public’s permission to comment is abused, the Chair may exercise greater discretion in limiting public comment.

Committee Members

Charles M. “Bud” Freel, Chair
Ciro Adams
Linda M. Gray
Christofer C. Johnson
Zanthia Oliver
Loretta Walsh
City Council President Hanifa Shabazz, Ex Officio Member

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