LOCK HAVEN — Lock Haven City Council took its first step to refinance a 2022 bond and to seek financial support in its efforts to improve its water infrastructure during a special meeting this week.

On Monday night, council heard from Jen Caron, the city’s bond council and attorney from Eckert Seamans, about financing for 2026 A and B notes.

Caron reviewed the ordinance which was presented to council and outlined what the bonds would entail.

According to Caron, the series A note will have a principal amount of $1.7 million and will be used to refinance a 2022 C bond that will mature on April 1.

The series B note is for $1.5 million and will be used to continue the city’s ongoing water projects related to groundwater wells in Wayne Township and installation of a water main to connect the wells with the Central Clinton County Water Filtration plant.

Both are tax exempt, she said.

Caron added the series B note will have a specific line item the money will be pulled to.

Because the 2026 B note is for the capital projects, that does create a project account so the proceeds will be placed in the segregated capital project account,” Caron told council.

With no questions from council, she turned the presentation over to Daryl Peck, of Concord Public Finance. Peck attended a meeting earlier in the month to explain the bond process to council and requested authorization to put out a Request for Proposal for the loans.

Peck said the RFP has been circulated and proposals are to be returned by Feb. 24, prior to council’s next meeting on March 2.

“I think we’re doing okay at this point in time. We expect to get proposals on Feb. 24 and bring back a clear, concise proposal,” he said.

He noted he will review the proposals with Planner/Interim City Manager Abbey Roberts and Caron prior to bringing proposals to council for final vote.

With no questions from council, it unanimously approved the ordinance on its first reading.

In other business, council:

— Heard from Mark Schlesinger about his request to close a portion of Main Street from Jay to Grove streets on Nov. 19 for a holiday event. The request was approved on first reading on Feb. 2 and will be considered again on March 2. Schlesinger said he and his brother, who purchased the former Elks building, are looking to hold a “kick off to the holidays” event that day.

— Approved an amendment to Chapter 59 of its ordinances regarding life assist for the Lock Haven Fire Department.

— Approved setting additional wages and duties during the transition of city manager position for a variety of staff. This was considered and initially approved by council at its Feb. 2 meeting.

— Approved an agreement between Roberts and the city for her service as interim city manager.