AN ORDINANCE AUTHORIZING THE ISSUANCE OF A CAPITAL IMPROVEMENT REFUNDING REVENUE NOTE OF THE CITY AND THE EXECUTION AND DELIVERY OF A LOAN AGREEMENT IN AN AMOUNT NOT TO EXCEED $8,500,000 TO REFUND THE CITY’S OUTSTANDING CAPITAL IMPROVEMENT REVENUE NOTE, SERIES 2018; ACCEPTING THE PROPOSAL OF LENDER; APPROVING THE FORMS OF LOAN AGREEMENT AND NOTE; AND PROVIDING FOR THE PAYMENT OF SUCH NOTE FROM THE NON-AD VALOREM FUNDS OF THE CITY. (SECOND READING)(PUBLIC HEARING)

Committee

City Commission

Requested by

Finance Department

Introduced

February 2, 2021

On agenda

March 11, 2021

Passed

March 11, 2021