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1991-055 Council Resolution
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1991-055 Council Resolution
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Last modified
1/25/2016 1:45:54 PM
Creation date
1/25/2016 10:50:46 AM
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City Council
Council Document Type
Resolutions
Meeting Date
06/24/1991
Council Meeting Type
Regular
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2. To provide temporary financing for the Improvements and to <br />provide additional temporary financing for the Series 1988B Bonds, the <br />City will therefore issue and sell Bonds in the amount of $4,228,050. <br />To provide in part the additional interest required to market the <br />Bonds at this time, additional Bonds will be issued in the amount of <br />$31,950. The excess of the purchase price of the Bonds over the sum <br />of $4,228,050 will be credited to the debt service fund for the Bonds <br />for the purpose of paying interest first coming due on the additional <br />Bonds. The Bonds will be issued, sold and delivered in accordance <br />with the terms of the following Official Terms of Offering: <br />
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