Council downsizes project list to water, wastewater Posted in: News The proposed debt issuance that the Elgin City Council has been working on for the past two months has shrunk by about $10 million after a petition to request a bond election gathered signatures. On Monday evening, the Elgin City Council held a special meeting to discuss and take action about the proposed certificates of obligation for 2021. After swearing in newly-elected council members Arthur Gibson III, Skyler Maldonado and Matthew Callahan, the council convened into executive session for nearly an hour regarding the certificates of obligation. After ending the executive session, the council voted to authorize taking the certificate of obligations ...PLEASE LOG IN FOR PREMIUM CONTENT. Our website requires visitors to log in to view the best local news. Not yet a subscriber? Subscribe today!