File #: RES. 2017-R094    Version: 1 Name:
Type: Resolution Status: Adopted
File created: 12/1/2017 In control: City Council
On agenda: 11/30/2017 Final action: 11/30/2017
Title: To authorize the issuance of general obligation public improvement refunding bonds of the City of Richmond, Virginia in the maximum principal amount of up to $155,000,000 to refund all or portions of certain general obligation bonds previously issued by the City; to authorize the Director of Finance, with the approval of the Chief Administrative Officer, for and on behalf of the City, to sell such refunding bonds for such purposes; to provide for the form, details and payment of such bonds; and to authorize the issuance of taxable bonds in the same maximum principal amount and payable over the same period as such general obligation public improvement refunding bonds.
Patrons: Mayor Stoney
Attachments: 1. Res. No. 2017-R094 - Expedited, 2. 20171130 SpecialMtg Res. 2017-R094 Handout, 3. Bond Purchase Agreement

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To authorize the issuance of general obligation public improvement refunding bonds of the City of Richmond, Virginia in the maximum principal amount of up to $155,000,000 to refund all or portions of certain general obligation bonds previously issued by the City; to authorize the Director of Finance, with the approval of the Chief Administrative Officer, for and on behalf of the City, to sell such refunding bonds for such purposes; to provide for the form, details and payment of such bonds; and to authorize the issuance of taxable bonds in the same maximum principal amount and payable over the same period as such general obligation public improvement refunding bonds.

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