24-1557

REFUNDING BOND ORDINANCE OF THE CITY OF NEWARK, IN THE COUNTY OF ESSEX, STATE OF NEW JERSEY PROVIDING FOR THE REFUNDING OF ALL OR A PORTION OF ITS OUTSTANDING GENERAL OBLIGATION BONDS CONSISTING OF (A) QUALIFIED GENERAL IMPROVEMENT BONDS, SERIES 2015A AND (B) QUALIFIED SCHOOL BONDS, SERIES 2015B AND AUTHORIZING THE ISSUANCE OF NOT TO EXCEED $31,000,000.00 AGGREGATE PRINCIPAL AMOUNT OF QUALIFIED GENERAL OBLIGATION REFUNDING BONDS, CONSISTING OF (A) NOT TO EXCEED $29,000,000.00 QUALIFIED GENERAL IMPROVEMENT REFUNDING BONDS AND (B) NOT TO EXCEED $2,000,000.00 QUALIFIED SCHOOL REFUNDING BONDS OF THE CITY PURSUANT TO THE PROVISIONS OF THE MUNICIPAL QUALIFIED BOND ACT TO EFFECT SUCH REFUNDING AND APPROPRIATING THE PROCEEDS THEREFOR AND FINANCING THE COST THEREOF. Deferred 6PSF-i 120424

Ordinance Adopted Introduced November 15, 2024

Where it was heard