The appropriation of $342,545 in anticipated bond premium fees to the General Fund Debt Service Extraordinary Expenditures account to supplement the $581,000 included in the FY06 budget to cover the interest cost on the $31,000,000 in Bond Anticipation Notes (BANs) that were issued on May 5, 2005 to provide temporary financing for the acquisition of 125 Sixth Street and for certain architectural and engineering costs

How it started

Submitted by Robert W. Healy, City Manager.

What happened

The clerk's record shows no vote or disposition against this item. Some are received and filed without one, and a roundtable takes no votes at all. If the city's record shows otherwise, that is exactly what an audit should catch.