11/01/2016 Meeting Minutes - Laserfiche WebLink

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Council Minutes of 11-01-2016 principal amount of $1,370,000 for the purpose of refunding for debt service savings the $1,370,000 of the City's outstanding Recreational Facilities Refunding Bonds, Series 2006C, that are stated to mature on December 1 in each of the years from 2017 through 2021 and were issued as a part of a consolidated issue of $19,645,000 Capital Improvement Refunding Bonds, Series 2006C; authorizing and directing the call of all of the refunded Bonds for optional redemption; authorizing the execution and delivery of a Bond Registrar Agreement, a Continuing Disclosure Agreement and a Bond Purchase Agreement with respect to the refunding Bonds and an Escrow Agreement with respect to the refunding of refunded Bonds, and declaring an emergency. Ordinance 2016-104 introduced by Mayor Kennedy was given its second reading. An Ordinance providing for the issuance and sale of Bonds in a maximum aggregate principal amount of $277,000 for the purpose of refunding for debt service savings the $277,000 of the City's outstanding Recreation Center Improvement Refunding Bonds, Series 2006H, that are stated to mature on December 1 in each of the years from 2017 through 2020 and were issued as a part of a consolidated issue of $19,645,000 Capital Improvement Refunding Bonds, Series 2006C; authorizing and directing the call of all of the refunded Bonds for optional redemption; authorizing the execution and delivery of a Bond Registrar Agreement, a Continuing Disclosure Agreement and a Bond Purchase Agreement with respect to the refunding Bonds and an Escrow Agreement with respect to the refunding of refunded Bonds, and declaring an emergency. Ordinance 2016-105 introduced by Mayor Kennedy was given its second reading. An Ordinance providing for the issuance and sale of Bonds in a maximum aggregate principal amount of $261,000 for the purpose of refunding for debt service savings the $261,000 of the City's outstanding Sanitary Sewerage System Improvement Refunding Bonds, Series 2006I, that are stated to mature on December 1 in each of the years from 2017 through 2020 and were issued as a part of a consolidated issue of $19,645,000 Capital Improvement Refunding Bonds, Series 2006C; authorizing and directing the call of all of the refunded Bonds for optional redemption; authorizing the execution and delivery of a Bond Registrar Agreement, a Continuing Disclosure Agreement and a Bond Purchase Agreement with respect to the refunding Bonds and an Escrow Agreement with respect to the refunding of refunded Bonds, and declaring an emergency. Ordinance 2016-106 introduced by Mayor Kennedy was given its second reading. An Ordinance providing for the issuance and sale of Bonds in a maximum aggregate principal amount of $116,000 for the purpose of refunding for debt service savings the $116,000 of the City's outstanding Storm Water Drainage System Improvement Refunding Bonds, Series 2006J, that are stated to mature on December 1 in each of the years from 2017 through 2020 and were issued as a part of a consolidated issue of $19,645,000 Capital Improvement Refunding Bonds, Series 2006C; authorizing and directing the call of all of the refunded Bonds for optional redemption; authorizing the execution and delivery of a Bond Registrar Agreement, a Continuing Disclosure Agreement and a Bond Purchase Agreement with respect to the refunding Bonds and an Escrow Agreement with respect to the refunding of refunded Bonds, and declaring an emergency. n.