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File #: 2025-0590    Version:
Type: Matters Recently Heard-For Possible Action Status: Passed
File created: 3/3/2025 In control: Committee on Ways and Means
On agenda: 4/9/2025 Final action: 4/9/2025
Title: On the message and order authorizing the issuance of refunding bonds in a principal amount not to exceed Three Hundred Fifty Million Dollars ($350,000,000.00). 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 pass. The report was accepted; the order was passed.
Attachments: 1. $350000, 2. CR 0590

Title

On the message and order authorizing the issuance of refunding bonds in a principal amount not to exceed Three Hundred Fifty Million Dollars ($350,000,000.00). 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 pass.

The report was accepted; the order was passed.