Legislation Details

File #: ORD. 1986-300-277    Version: 1 Name:
Type: Ordinance Status: Adopted
File created: 8/11/2025 In control: City Council
On agenda: 12/22/1986 Final action: 12/22/1986
Title: Authorizing the Director of Finance, for and on behalf of the City of Richmond, to borrow $1,000,000.00 from Central Fidelity Bank, pursuant to an agreement entered into 1n accordance with the terms and provisions of Ordinance No. 84-288-256, adopted November 19, 1984, as modified by Ordinance No. 85-215-205, adopted August 26, 1985, author?izing the borrowing of not to exceed $4,000,000 for the purpose of financing the purchase of machinery and equipment, said $1,000,000.00 to defray the cost of acquisition of equipment (computer equipment and computer software).
Attachments: 1. 277 Ord. No. 86-300-277
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Authorizing the Director of Finance, for and on behalf of the City of Richmond, to borrow $1,000,000.00 from Central Fidelity Bank, pursuant to an agreement entered into 1n accordance with the terms and provisions of Ordinance No. 84-288-256, adopted November 19, 1984, as modified by Ordinance No. 85-215-205, adopted August 26, 1985, author-izing the borrowing of not to exceed $4,000,000 for the purpose of financing the purchase of machinery and equipment, said $1,000,000.00 to defray the cost of acquisition of equipment (computer equipment and computer software).