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Council Minutes of 2/7/2006
<br />December 1, 2010 of all of the refunded bonds; authorizing the execution and delivery of
<br />a bond registrar agreement and a bond purchase agreement with respect to the refunding
<br />bonds and an escrow agreement with respect to the refunding of refunded bonds, and
<br />declaring an emergency. Finance Committee Chairperson Tallon said he was in receipt
<br />of the Fiscal Officer's Certificate.
<br />Ordinance No. 2006-19 was introduced and placed on first reading by Mayor O'Grady.
<br />An ordinance providing for the issuance and sale of bonds in the maximum aggregate
<br />principal amount of $4,000,000 for the purpose of constructing, furnishing, equipping
<br />and otherwise improving a fire station, providing fire apparatus and equipment to be
<br />housed therein and acquiring, preparing and otherwise improving real estate and interests
<br />therein for its site, and declaring an emergency. Finance Committee Chairperson Tallon
<br />said he was in receipt of the Fiscal Officer's Certificate.
<br />Ordinance No. 2006-20 was introduced and placed on first reading by Mayor O'Grady.
<br />An ordinance providing for the issuance and sale of bonds in the maximum aggregate
<br />principal amount $S,93S,000 for the purpose of refunding at a lower interest cost the
<br />$5,900,000 of outstanding sanitary sewer improvement bonds, series 1996, that were
<br />issued as a part of a consolidated issue of various purpose improvement bonds, series
<br />1996, dated as of November 1 S, 1996, for the purpose of improving the city's sanitary
<br />sewer system and its functions by constructing, reconstructing, rehabilitating and
<br />replacing sanitary sewers, sanitary sewer connections and pumping and retention
<br />facilities, by improving and equipping the Wastewater Treatment Plant and by
<br />constructing and reconstructing storm sewers and other storm water drainage facilities
<br />and improvements to control and limit the volume of storm water entering or otherwise
<br />affecting the sanitary sewerage system, together in all cases with any necessary
<br />appurtenances and the performance of any incidental work, and are stated to mature on
<br />December 1, 2016; authorizing and directing the call for optional redemption on
<br />December 1, 2007 of all of the refunded bonds; and authorizing the execution and
<br />delivery of a bond registrar agreement and a bond purchase agreement with respect to the
<br />refunding bonds and an escrow agreement with respect to the refunding of refunded
<br />bonds. Finance Committee Chairperson Tallon said he was in receipt of the Fiscal
<br />Officer's Certificate.
<br />Ordinance No. 2006-21 was introduced and placed on first reading by Mayor O'Grady.
<br />An ordinance providing for the issuance and sale of bonds in the maximum aggregate
<br />principal amount $2,8SS,000 for the purpose of refunding at a lower interest cost the
<br />$2,835,000 of outstanding street improvement bonds, Series 1996A, that were issued as a
<br />part of a consolidated issue of various purpose improvement bonds, Series 1996, dated as
<br />of November 1 S, 1996, for the purpose of improving certain designated streets in the
<br />city's street system by grading, draining, widening, reconstructing the pavement base,
<br />preparing the surface and surfacing and resurfacing, constructing, reconstructing, and
<br />rehabilitating catch basins, curbs, driveway aprons, manholes, sanitary sewers and
<br />sanitary sewer service connections, sidewalks, storm sewers and water mains and water
<br />service connections and installing street lighting, all where necessary, in each case
<br />together with the necessary appurtenances and work incidental thereto, and are stated to
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