Second reading and adoption of an Ordinance authorizing the issuance and sale of City of Rock Hill, South Carolina, Combined Utility System Revenue Improvement and Refunding Bonds, Series 2012B, in the aggregate principal amount of not exceeding $32,500,000; authorizing the Mayor and City Manager to determine certain matters with respect to the bonds; prescribing the form and details of the bonds; limiting the payment of the bonds from the revenues derived from the operation of the system and pledging the revenues to such payment; establishing certain funds and accounts; authorizing the execution and delivery of an extension to or replacement of the standby bond purchase agreement in connection with the City’s $10,000,000 Combined Utility System Revenue Bonds, Series 2003B; and other matters relating thereto.

Committee

City Council

Introduced

September 17, 2012

On agenda

October 8, 2012

Passed

October 8, 2012