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File #: 11-6314    Version: A Name: Refunding of 2001 Bond Issue
Type: Communication Status: Passed
File created: 4/18/2011 In control: Finance and Personnel Committee
On agenda: Final action: 5/17/2011
Title: Subject: Refunding of 2001 Bond Issue Recommendation of the Water Works Commission on 4/26/11: Water Works Commission approved and further recommends that this item be referred to the Finance and Personnel Committee for approval (Res.11-2585) Recommendation of the Finance & Personnel Committee on 5-9-11: That the 2001 Revenue Bond be refunded. Fiscal Note: The Water Utility could save $131,222.00 by refinancing this bond.
Attachments: 1. refunding 2001 bonds.pdf, 2. prs refinancing summary_racine 050411
Related files: Res.11-2585
Title
Subject: Refunding of 2001 Bond Issue
 
Recommendation of the Water Works Commission on 4/26/11: Water Works Commission approved and further recommends that this item be referred to the Finance and Personnel Committee for approval  (Res.11-2585)
 
Recommendation of the Finance & Personnel Committee on 5-9-11: That the 2001 Revenue Bond be refunded.
 
Fiscal Note: The Water Utility could save $131,222.00 by refinancing this bond.