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File #: 12424    Version: Name: Sewer System Revenue Bonds 102208 2008-B
Type: Resolution Status: Passed
File created: 10/22/2008 In control: BOARD OF ESTIMATES (ended 4/2017)
On agenda: 11/18/2008 Final action: 11/18/2008
Enactment date: 11/18/2008 Enactment #: RES-08-01026
Title: SUBSTITUTE: Authorizing and awarding $11,195,000 Sewer System Revenue Bonds, Series 2008-B, and establishing interest rates thereon
Sponsors: David J. Cieslewicz
Attachments: 1. Sewer System Revenue Bonds 2008-B.pdf, 2. Bid Results.pdf
Date Ver.Action ByActionResultAction DetailsMeeting DetailsWatch
11/18/20081   RECOMMEND TO COUNCIL TO ADOPT (15 VOTES REQUIRED) - REPORT OF OFFICER  Action details Meeting details Not available
11/18/20081 COMMON COUNCIL AdoptPass Action details Meeting details Not available
11/18/20082 BOARD OF ESTIMATES (ended 4/2017) RECOMMEND TO COUNCIL TO ADOPT (15 VOTES REQUIRED) - REPORT OF OFFICERPass Action details Meeting details Not available
10/28/20081 COMMON COUNCIL Referred  Action details Meeting details Not available
10/22/20081 Attorney's Office Referred for Introduction  Action details Meeting details Not available
Fiscal Note
This resolution authorizes the borrowing of $11,195,000 for sanitary sewer capital purposes through the issuance of Sewer Utility Revenue Bonds.  The bonds bear a true interest cost of 4.212963% and will be fully repaid over the next 15 years.  The projects financed by these bonds are included in the 2007 and 2008 Capital Budgets.
Title
SUBSTITUTE: Authorizing and awarding $11,195,000 Sewer System Revenue Bonds, Series 2008-B, and establishing interest rates thereon
Body
See attached