Meeting
Bloomfield Township Board of Trustees Meeting on May 26, 2026
Body
Bloomfield Community Television
Date
May 25, 2026
Jurisdiction
State & Local
The Bloomfield Township Board of Trustees held a meeting on May 26, 2026, which included several procurement and budget-related discussions. Key procurement-related items included the consideration and approval of a resolution authorizing the issuance of the township's Limited Tax General Obligation (LTGO) special assessment bond series 2026, with a maximum offering amount of $10.6 million. This bond issuance is intended to refinance old unlimited tax bonds from 2007 related to campus construction, resulting in an anticipated net interest cost of 3.18% and projected savings of over half a million dollars for township residents over six years. The bond is funded by a direct millage on taxpayers and will not impact the township's general budget. The board also approved payroll and vouchers and discussed the financial implications of judicial staffing at the 48th District Court, ultimately passing a resolution supporting the preservation of a third judge seat to maintain efficient court services. Additionally, the board moved into a closed session to discuss exempt legal matters and approved denying a FOIA appeal. No new contracts or vendor selections were reported during the meeting.
Source
Bloomfield Community Television