Accept $31.7 million in bond proceeds for wastewater system improvements
$31,718,000
Resolution 112-17
In Plain English
The city issued bonds to raise money for wastewater infrastructure projects. Bank of New York Mellon Trust Company collected $31.7 million from investors who bought the bonds. If approved, the city receives this money to fund sewer repairs and upgrades throughout the community.
Auto-generated summary. Source: official agenda documents.
Votes
Approve consent calendar
6 to 0
Community Discussion
This discussion was submitted to the City Clerk as part of the public record.
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Similar Discussions
5 related items found by meaning
Accept $22.5 million in bond funds for wastewater projects
Issue $45 million in wastewater revenue bonds for system improvements and refinancing
Issue $25 million in wastewater revenue bonds to fund sewer system improvements
Spend money from 2019 wastewater bonds on sewer projects
Allow city to repay wastewater system costs using future bond money
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