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File #: Res.12-3154    Version: A Name: Bond refunding
Type: Resolution Status: Filed
File created: 6/4/2012 In control: City Attorney's Office
On agenda: Final action: 6/4/2012
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.
Sponsors: Q.A. Shakoor II
Related files: 12-7705
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.