File #: 317-2024    Version: 1 Name:
Type: Emergency Ordinance Status: Passed
File created: 3/15/2024 In control: City Council
On agenda: 4/1/2024 Final action: 4/1/2024
Passage/adoption date:
Effective date:    
Title: AN EMERGENCY ORDINANCE Authorizing the issuance and sale of one or more series of Subordinate Lien Income Tax Refunding Bonds to refund currently outstanding general obligation and subordinate lien income tax bonds of the city to obtain debt service savings or restructure the City’s outstanding debt; authorizing a tender and/or exchange program with respect to the Subordinate Lien Income Tax Refunding Bonds and providing for the appointment of professionals and authorizing documents with respect thereto; and authorizing and approving related matters.
Sponsors: Blaine A. Griffin, By Departmental Request
Indexes: BONDS, FINANCE DEPARTMENT
Attachments: 1. 317-2024-SLIT Refunding Bonds. 2024, 2. 317-2024 Executive Summmary - Subordinate Lien Income Tax Refunding Bonds

Title

AN EMERGENCY ORDINANCE Authorizing the issuance and sale of one or more series of Subordinate Lien Income Tax Refunding Bonds to refund currently outstanding general obligation and subordinate lien income tax bonds of the city to obtain debt service savings or restructure the City’s outstanding debt; authorizing a tender and/or exchange program with respect to the Subordinate Lien Income Tax Refunding Bonds and providing for the appointment of professionals and authorizing documents with respect thereto; and authorizing and approving related matters.