R9AH - Fund Stormwater/water Programs Via Bonds/rates

DISCUSS/TAKE ACTION REGARDING THE FINANCE AND ECONOMIC RESILIENCY COMMITTEE'S (FERC) RECOMMENDATION, AT ITS JUNE 5, 2026 MEETING, DIRECTING THE ADMINISTRATION TO PREPARE A MODEL FOR CONSIDERATION BY THE CITY COMMISSION TO FUND STORMWATER CAPITAL PROGRAM THROUGH A GENERAL OBLIGATION BOND AS PRESENTED, AND TO FUND THE WATER AND SEWER CAPITAL PROGRAM AS PRESENTED VIA UTILITY RATE ADJUSTMENTS; FURTHER, FOR THE ADMINISTRATION TO PROVIDE ADDITIONAL OPTIONS FOR CONSIDERATION BY THE CITY COMMISSION, INCLUDING BUT NOT LIMITED TO: A UTILITY RATE ADJUSTMENT MODEL TO FUND THE FIRST STREET PHASES 1 & 2 AND WEST AVENUE PHASE 3 NEIGHBORHOOD IMPROVEMENT PROJECTS, AND A UTILITY RATE ADJUSTMENT MODEL TO FUND FIRST STREET PHASES 1 & 2 AND WEST AVENUE PHASE 3 NEIGHBORHOOD IMPROVEMENT PROJECTS, AND ANY OTHER PUBLIC WORKS-DETERMINED CRITICAL PROJECT.