File #: 15-1751    Version: 1 Name:
Type: Direction of Council Status: Filed
File created: 9/10/2015 In control: Municipal Council and City Clerk
On agenda: 8/5/2015 Final action: 8/5/2015
Title: Directing the Department of Finance to provide the following information related to the RAB Bonds for the PSE&G project 1. How much debt service is being paid to PSEG? 2. What is the net amount that the City will receive in PILOT/SILOT payments? 3. How will this affect the City in the next 30 years?
Related files: 15-1426
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Title

Directing the Department of Finance to provide the following information related to the RAB Bonds for the PSE&G project

1.                     How much debt service is being paid to PSEG?

2.                     What is the net amount that the City will receive in PILOT/SILOT payments?

3.                     How will this affect the City in the next 30 years?