PASSED
Constituting the Fifth Supplemental Ordinance to the General Gas Works Revenue Bond Ordinance of 1998 (the "1998 General Ordinance"); authorizing the Mayor, the City Controller and the City Solicitor, or a majority of them, to sell, either at public or private sale, Gas Works Revenue Bonds, Fourth Series (1998 Ordinance), of the City of Philadelphia, in one or more subseries (the "Fourth Series Bonds") to be issued to pay the cost of certain capital projects and other Project Costs, as hereinafter more particularly described, and authorizing the application of proceeds of the Fourth Series Bonds for such purposes; authorizing the City of Philadelphia to obtain credit enhancement for the Fourth Series Bonds; authorizing the City of Philadelphia to enter into Qualified Swap Agreements or Exchange Agreements with respect to the Fourth Series Bonds; determining the sufficiency of Gas Works Revenues; covenanting the separation of Gas Works revenue accounts and proceeds of the Fourth Series ...
Action by CITY COUNCIL
A motion was made that this matter be PASSED. The motion carried by the following vote:
Roll Call
| Member | Vote |
|---|---|
| Angel Ortiz | Yes |
| Anna Cibotti Verna | Yes |
| Blondell Reynolds Brown | Yes |
| Darrell L. Clarke | Yes |
| David Cohen | Yes |
| Donna Reed Miller | Yes |
| Frank J. DiCicco | Yes |
| Frank Rizzo | Yes |
| James F. Kenney | Yes |
| Jannie L. Blackwell | Yes |
| Joan L. Krajewski | Yes |
| Michael A. Nutter | Yes |
| Rick Mariano | Yes |
| W. Wilson Goode, Jr. | Yes |