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Back to search resultsCOMMUNICATION 190687

To the President and the Membrs of the Council of the City of Philadelphia: I am returning herewith as requested by your Resolution adopted September 12, 2019, Bill No. 190431: "An Ordinance authorizing the Bond Committee to sell bonds at public or private negotiated sale, to provide funds toward various capital municipal purposes; providing for appropriations to the Sinking Fund Commission for the payment of such bonds; authorizing agreements to provide credit or payment of liquidity sources for the bonds in connection with issuance of the bonds, and certain other actions; providing for obtaining the consent of the electors to increasing the indebtedness of the City; and fixing a day and providing for arrangements for holding the election for obtaining such consent," for the purpose of reconsideration by the Council of the vote by which said bill passed Council. Respectfully, James F. Kenney Mayor

AI summary

This communication from Mayor James F. Kenney returned Bill No. 190431 to City Council at the Council’s request so it could reconsider the vote by which the bill passed. The proposed bill concerned selling bonds for municipal capital purposes, payments to the Sinking Fund Commission, credit or liquidity arrangements, and seeking voter consent to increase the City’s debt.

File details

Status
PLACED ON FILE
Introduced
September 12, 2019
View official record ↗

Full text

Title

To the President and the Membrs of

the Council of the City of Philadelphia:

I am returning herewith as requested by your Resolution adopted September 12, 2019, Bill No. 190431: “An Ordinance authorizing the Bond Committee to sell bonds at public or private negotiated sale, to provide funds toward various capital municipal purposes; providing for appropriations to the Sinking Fund Commission for the payment of such bonds; authorizing agreements to provide credit or payment of liquidity sources for the bonds in connection with issuance of the bonds, and certain other actions; providing for obtaining the consent of the electors to increasing the indebtedness of the City; and fixing a day and providing for arrangements for holding the election for obtaining such consent,” for the purpose of reconsideration by the Council of the vote by which said bill passed Council.

Respectfully,

James F. Kenney

Mayor

End

File history

Sometimes city council's record keeping is not complete. This timeline reflects the information on the council's legistar website.
  1. CITY COUNCIL

    Details not published

    No details have been published for this item. Legistar notes that this meeting's minutes have not been finalized.