Item Coversheet

Council Communication

Department: Finance
Case/Project No.:
Submitted by: Finance Department 		Resolution 20-53
ITEM 6.A.		Council Action: 2/24/2020
Description

Resolution authorizing the issuance of $5,115,000 General Obligation Bonds, Series 2020B and levying a tax for the payment thereof.
Background/Discussion

General Obligation Bonds, Series 2020B, in the amount of $5,115,000 shall be issued pursuant to the provisions of Iowa Code Section 384.25, 284.26, and 384.28 for the purposes covered by the hearings.

 

For the purpose of providing funds to pay the principal and interest as required under Chapter 76.2, there is levied for each future year following direct annual tax upon all the taxable property in the City of Council Bluffs, State of Iowa.

Recommendation

Approve the resolution.
ATTACHMENTS:
DescriptionTypeUpload Date
Resolution 20-53Resolution2/18/2020