Legislation Details

File #: 2022-0158    Version:
Type: Mayor Order Status: Passed
File created: 1/24/2022 In control: Committee on Ways and Means
On agenda: 2/9/2022 Final action: 2/9/2022
Title: On the message and order, referred on January 26, 2022, Docket #0158, for your approval an order authorizing the issuance of refunding bonds in a principal amount not to exceed Two Hundred Million Dollars ($200,000,000.00). The current conditions in the municipal bond market appears to be favorable for the City to potentially realize significant saving in debt service costs by refunding certain of its outstanding general obligation bonds, the Committee submitted a report recommending the order ought to passed.
Attachments: 1. DOCKET #0158

Title

On the  message and order, referred on January 26, 2022, Docket #0158, for your approval an order authorizing the issuance of refunding bonds in a principal amount not to exceed Two Hundred Million Dollars ($200,000,000.00). The current conditions in the municipal bond market appears to be favorable for the City to potentially realize significant saving in debt service costs by refunding certain of its outstanding general obligation bonds, the Committee submitted a report recommending the order ought to passed.