https://cityofracine.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=6349022&GUID=99A051F6-DE52-43E3-8181-6B3C5DE1C341Legistar15https://cityofracine.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=6349022&GUID=99A051F6-DE52-43E3-8181-6B3C5DE1C34199A051F6-DE52-43E3-8181-6B3C5DE1C341-2023-11-01-19-25-25Title: Subject: Communication sponsored by Alder McCarthy, on behalf of the Wastewater Commission, requesting approval of a Resolution authorizing the issuance and sale of up to $23,367,711 Wastewater Utility Revenue Bonds, series 2023b, and providing for other details and covenants with respect thereto. Recommendation of the Wastewater Commission on 09-19-23: To Approve a resolution authorizing the issuance and sale of up to $23,367,711 Wastewater Utility Revenue Bonds, series 2023b, and providing for other details and covenants with respect thereto, with a referral to the Finance & Personnel Committee. Recommendation of the Finance and Personnel Committee on 09-25-2023: That the Wastewater Commission be granted approval to authorize the issuance and sale of up to $23,367,711 Wastewater Utility Revenue Bonds, series 2023b, and providing for other details and covenants with respect thereto. Fiscal Note: The Wastewater Utility Revenue Bonds (Clean Water Fund Loan) is in the amount $23,367,711. Loan is for 20 years and has an interest rate of 2.190% and ($2,050,000) Principal ForgiveWed, 01 Nov 2023 19:25:25 GMT