Agenda Items ▸ City Manager's Agenda
CMA 2007-40
An order requesting the authorization to borrow an amount not to exceed $42,000,000. The purpose is to refinance existing General Obligation Bonds to acquire lower interest rates than those currently being paid. Specifically, this will refinance those portions of the February 1998 (Hospital), August 1998 (Water), and November 1999 (Water) General Obligation bond issues that are eligible to be refinanced. View City Manager Order #4A
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.