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Back to search resultsCOMMUNICATION 240357

Transmitting an Ordinance authorizing an increase in the non-electoral indebtedness of the City within the Pennsylvania constitutional limit; 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; and authorizing agreements to provide credit or payment or liquidity sources for the bonds in connection with issuance of the bonds, and certain other actions; and rescinding the authorization set forth in Bill No. 230186-A (approved September 15, 2023).

AI summary

This communication transmitted a proposed ordinance concerning an increase in the City’s non-electoral debt within the Pennsylvania constitutional limit. The proposed item addressed selling bonds for various capital municipal purposes, providing money to the Sinking Fund Commission for bond payments, arranging credit or liquidity support for the bonds, and rescinding an authorization from Bill No. 230186-A approved September 15, 2023; the communication was placed on file.

File details

Status
PLACED ON FILE
Introduced
April 25, 2024
View official record ↗

Full text

Title

Transmitting an Ordinance a

uthorizing an increase in the non-electoral indebtedness of the City within the Pennsylvania constitutional limit; 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; and authorizing agreements to provide credit or payment or liquidity sources for the bonds in connection with issuance of the bonds, and certain other actions; and rescinding the authorization set forth in Bill No. 230186-A (approved September 15, 2023).

End

File history

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

    Read and filed