| | | | | | | | Council Communication
Department: Finance
Case/Project No.:
Submitted by: Finance Department | Resolution 20-48
ITEM 4.B. | Council Action: 2/24/2020 |
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| | | | | | | | Description
Resolution instituting proceedings to take additional action for the issuance of not to exceed $700,000 General Obligation Bonds, Series 2020B (General Corporate Purpose). |
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| | | | | | | | Background/Discussion
Issuance of not to exceed $700,000 General Obligation Bonds in order to provide funds to pay the costs of construction, reconstruction, enlargement, improvement, and equipping of recreation grounds and trails, for general corporate purposes, and that notice of the proposal to issue the Bonds and the right to petition for an election had been published as provided by Section 384.26 of the Code of Iowa. |
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| | | | | | | | Recommendation
Approve this resolution. |
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