Title
Dept/Agency: Finance
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Purpose: Application to Local Finance Board for approval to issue general obligation bonds to permanently finance bond anticipation notes previously issued by the City
Name of Project(s): Financing various outstanding notes previously issued
Amount to be Financed: Approximately $176,384,000
Funding Source: Prior bond ordinances
LFB Meeting Date(s): March 10, 2010
Additional Information:
Outstanding notes to be permanently financed include $132,439,000. General Improvements and $43,945,000. School notes:
Notes Amount Series Maturity Date
General Improvements $47,660,000. 2009E April 14, 2010
General Improvements $73,885,000. 2010A June 17, 2010
General Improvements $ 5,407,000. 2009F(Taxable) April 14, 2010
Water Utility $ 5,487,000. 2010B June 17, 2010
School Promissory Notes $14,760,000. 2009G April 14, 2010
School Promissory Notes $29,185,000. 2010D June 17, 2010