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Pre -Sale Report - 199SA Bonds <br />ISSUING PROCESS <br />This report will be presented to the City Council on December 21. At that time the <br />Council will be requested to adopt a resolution calling for the sale of bonds. A copy of <br />the resolution appears in Attachment 2. The bond sale is scheduled for January 25. <br />Bids will be received by Ehlers and Associates at 11:00 and presented to the Council for <br />consideration at 7:00. Table 3 below lists the steps in the issuing process. <br />December <br />December 21 <br />Week of 1/26 <br />Week of 1/2 <br />Week of 1/9 <br />Week of 1/16 <br />January 25 <br />Week of 2/20 <br />City adopts CIP /Finance plan <br />prepared <br />City Council considers finance <br />plan and adopts resolution <br />setting sale <br />Submit rating application <br />Distribute draft O.S. <br />Distribute 0.S. <br />Receive rating <br />Bond sale Open 11:00 <br />Consider 7:00 <br />Tentative cbsing /receipt of funds <br />Table 3 <br />Steps in Issuing Process <br />Page 6 <br />Page 80 <br />