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2014.08.18 CC PowerPoint Conduit Bonds
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2014.08.18 CC PowerPoint Conduit Bonds
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2/16/2017 2:41:13 PM
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City Council
Document Type
PowerPoint Presentation
Meeting Date
8/14/2014
Meeting Type
Regular
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Risks to the City of Hugo <br />• City only serves as the bond "issuer." <br />is CSPN is the actual borrower and is solely <br />responsible for repaying investors. <br />• The bonds are not moral obligations on <br />the part of the City <br />• Will not constitute a debt of the City <br />• Will not affect our credit rating <br />• Borrower is solely responsible for on-going <br />reporting requirements. <br />
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