Sponsor
Alderman Shakoor
Title
Bond refunding
Resolved, that the 2012 Capital projects be funded with a Note Anticipation Note and that portions of the 2003 and 2004 general Obligation refunding Bonds and portions of the 2003 Taxable General Obligation Refunding Bonds be refinanced.
Fiscal Note: It is anticipated that refinancing of current debt will result in savings of over $600,000.