| | | | | | | | Council Communication
Department: Finance
Case/Project No.:
Submitted by: Kathryn Knott | Resolution 18-144 | Council Action: 5/7/2018 |
|
| | | | | | | | Description
Resolution Authorizing the Redemption of Outstanding General Obligation Bonds, Series 2009B (Taxable-Build America Bonds) dated June 9, 2009. |
|
| | | | | | | | Background/Discussion
The City issued $7,165,000 General Obligation Bonds 2009B (Taxable-Build America Bonds) on June 9, 2009. The balance of the bonds which remain, $3,530,000, are being refunded to lower interest cost and save the City of Council Bluffs money. |
|
| | | | | | | | Recommendation
Approve the resolution |
|
|