1002-24
Subject: Communication sponsored by Alder McCarthy, Regarding a Resolution Authorizing the Issuance and Sale of Up to $10,450,921 Wastewater Utility Revenue Bonds, Series 2024, and Providing for Other Details and Covenants With Respect Thereto, and approval of related $12,550,921 Financial Assistance Agreement Recommendation of the Wastewater Commission on 11/20/24: To Approve with a Referral to the Finance & Personnel Committee. Recommendation of the Finance and Personnel Committee on 11-25-2024: To authorize the execution of the Financial Assistance Agreement and the Issuance and Sale of up to $10,450,921.00 Taxable Wastewater Revenue Bonds, Series 2024, and Providing for Other Details and Covenants with Respect Thereto. Fiscal Note: The $10,450,921.00 Bond at an interest rate of 2.2% from state revolving funds reflects principal forgiveness up to $2,100,000.00.
- Committee
- Finance and Personnel Committee
- Introduced
- November 6, 2024
- On agenda
- December 3, 2024
- Passed
- December 3, 2024
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