MUNICIPAL DOCKET
CITY OF LAUREL
FACT SHEET
COUNCIL MEETING DATE: October 20, 2026 ITEM NO.
ITEM TITLE: Policy Agenda
INTRODUCED BY: Administration
CONTACT PERSON/TELEPHONE: Kristal Jones, MMC, City Clerk’s Office
SUMMARY EXPLANATION: Title
Consider adopting a RESOLUTION OF THE MAYOR AND CITY COUNCIL OF THE CITY OF LAUREL, MISSISSIPPI RATIFYING AND CONFIRMING THE DESIGNATION OF THE CITY'S OBLIGATION IN THE ORIGINAL PRINCIPAL AMOUNT OF $268,904.52 UNDER A MUNICIPAL LEASE-PURCHASE AGREEMENT BETWEEN THE CITY OF LAUREL, MISSISSIPPI AND CITIZENS NATIONAL BANK OF MERIDIAN AS A "QUALIFIED TAX-EXEMPT OBLIGATION" PURSUANT TO SECTION 265(B)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED; AND FOR OTHER RELATED PURPOSES.
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EXHIBITS FOR REVIEW
RESOLUTION ___X___ ORDINANCE ______ CONTRACT ______ MINUTES ______
PLAN MAPS ______ ORDER ______ OTHER (SPECIFY)
SUBMITTAL AUTHORIZATION: COUNCILPERSON _____ MAYOR ______ CAO ______
COUNCIL ACTION: MOTION BY________________ SECONDED BY__________________
COUNCIL VOTE: YEAS NAYS ABSTAIN ABSENT
JASON CAPERS, WARD 1 ______ _______ ________ _______
KEVIN KELLY, WARD 2 ______ _______ ________ _______
ANGIE SCRUGGS, WARD 3 ______ _______ ________ _______
GEORGE CARMICHAEL, WARD 4 ______ _______ ________ _______
ANDREA THOMAS, WARD 5 ______ _______ ________ _______
GRACE AMOS, WARD 6 ______ _______ ________ _______
MARIAN ALLEN, WARD 7 ______ _______ ________ _______
ACTION TAKEN: