City of Racine - File #: 06-2449

• File #: 06-2449
• Version: A
• Name: Refunding the $2,000,000 note anticipation notes dated July 30, 2003 and the $2,000,000 note anticipaton notes dated August 10, 2004, both of which are due on December 1, 2006.
• Type: Communication
• Status: Passed
• File created: 8/29/2006
• In control: Finance and Personnel Committee
• Final action: 9/19/2006
• Title: Subject: Communication from the Interim Finance Director requesting to discuss refunding the $2,000,000 note anticipation notes dated July 30, 2003 and the $2,000,000 note anticipation notes dated August 10, 2004, both of which are due on December 1, 2006. These notes are funding projects in TIF 10, the former Jacobson-Textron property. Recommendation of the Finance & Personnel Committee 09-11-06: That a resolution be adopted providing for the refunding of the $2,000,000 July 30, 2003 TIF 10 Note Anticipation Notes and $2,000,000 August 10, 2004 TIF 10 Note Anticipation Notes. Fiscal Note: The grant total of $4,000,000 Note Anticipation Notes funded projects in TIF 10, the former Jacobson-Textron property.
• Related files: Res.06-7229

Date	Ver.	Action By	Action	Result
9/19/2006	A	Common Council	Approved as Presented	Pass
9/11/2006	A	Finance and Personnel Committee	Recommended For Approval	Pass
9/5/2006	A	Common Council	Referred

Title

Subject: Communication from the Interim Finance Director requesting to discuss refunding the $2,000,000 note anticipation notes dated July 30, 2003 and the $2,000,000 note anticipation notes dated August 10, 2004, both of which are due on December 1, 2006.  These notes are funding projects in TIF 10, the former Jacobson-Textron property.

Recommendation of the Finance & Personnel Committee 09-11-06:  That a resolution be adopted providing for the refunding of the $2,000,000 July 30, 2003 TIF 10 Note Anticipation Notes and $2,000,000 August 10, 2004 TIF 10 Note Anticipation Notes.

Fiscal Note:  The grant total of $4,000,000 Note Anticipation Notes funded projects in TIF 10, the former Jacobson-Textron property.