Second reading and adoption of a First Supplemental Ordinance providing for the issuance and sale of City of Rock Hill, South Carolina, Tax Increment Refunding and Improvement Bonds (Consolidated Redevelopment Project Area - Downtown Projects) in one or more series, in the aggregate principal amount of not exceeding $19,525,000, and City of Rock Hill, South Carolina, Tax Increment Refunding and Improvement Bonds (Consolidated Redevelopment Project Area - Textile Corridor Projects) in one or more series, in the aggregate principal amount of not exceeding $8,475,000, in order to defray the costs of certain redevelopment projects and refund certain outstanding tax increment bonds; limiting the payment of the bonds to the sources provided herein; authorizing the Mayor, the City Manager and the Chief Financial Officer to determine certain matters with respect to the bonds; providing for the payment of the bonds and the disposition of the proceeds thereof; prescribing the form and details of such bonds; and other matters relating thereto.

Committee

City Council

Introduced

March 2, 2020

On agenda

March 23, 2020

Passed

March 23, 2020