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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.
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