Borough of Conshohocken, PA APPENDIX B Bond Issues and Loans

§ B-101 Bond Issues and Loans.

Ordinance	Date	Description
7/6/1853		Borrowing money for the use and on the credit of the Borough.
7/11/1855		Providing for a loan in the amount of $5,000 for the use and on the credit of the Borough.
8/8/1883B		Authorizing a special loan in the amount of $5,000 for the erection of the Fayette Street Bridge.
5/21/1884		Refunding debt of the Borough of Conshohocken.
1/18/1887		Authorizing a loan to pay the floating indebtedness of the Borough and general Borough expenses and to issue the bonds to secure the same.
8/9/1894B		Investing $4,000 in the sinking fund by purchasing redeemable bonds.
5/15/1896A		Issuing of bonds to the amount of $11,300 and levying a tax for the payment of principal and interest.
5/15/1896B		Providing for the redemption of $30,700 of Borough bonds and to issue $30,700 of new bonds for this purpose and levying a tax for the payment of the principal and interest.
5/9/1901A		Issuing bonds in the amount of $11,000 and levying a tax for the payment of principal and interest for the purpose of paying a floating debt and completing street improvements.
5/9/1901B		Redeeming $7,000 of bonds of the Borough of Conshohocken.
5/13/1903		Increasing the municipal debt of the Borough for the purpose of improving streets and submitting the question as to whether the indebtedness shall be increased to a vote at a special election.
8/13/1903		Increasing the municipal debt of the Borough for the purpose improving the streets, refunding certain assessments, paying the floating municipal indebtedness, securing a survey of the Borough, and for proper incidental municipal expenses and submitting the question as to whether the indebtedness shall be increased to the voters.
7/12/1906		Increasing the bonded debt of the Borough for the purpose of funding the floating debt and providing for an issue of municipal bonds and levying a tax for the payment of the principal and interest.
1/12/1910A		Increasing the municipal debt of the Borough for the purpose of street improvements, refunding assessments and paying the floating municipal indebtedness and providing for an election to obtain the assent of the electors to the increase.
1/12/1910B		Issuing bonds in an amount not to exceed $125,000 for the improvement of streets, refunding assessments, paying the floating municipal indebtedness and for other proper municipal uses and providing for an election.
5/18/1910		Issuing bonds in an amount not exceeding $50,000, being part of an authorized issue of $125,000.
2/28/1911		Issuing bonds in the amount not exceeding $75,000, being the balance of an authorized issue $125,000.
3/12/1913		Issuing bonds in the amount of $27,000 for the purpose of paying the floating municipal indebtedness and for street improvements.
3/19/1914A		Issuing bonds in the amount of $12,000 to pay the floating municipal indebtedness and for street improvements and levying a tax for the payment of the principal and interest.
3/19/1924		Increasing the municipal debt for the purpose of street improvements and for the purpose of paying the Borough's proportion of the cost of construction of a bridge and for other proper municipal uses and purposes and providing for an election to obtain the assent of the electors.
6/6/1925		Increasing the bonded indebtedness in the amount of $100,000 for the purpose of street improvements and bridge construction.
9/13/1928		Increasing the indebtedness in the amount of $60,000 for the purpose of funding the current indebtedness or floating loans.
8/16/1929		Expressing the desire to increase the indebtedness in the sum of $90,000 for the purpose of constructing a sewer system.
9/12/1929		Authorizing an election on the question of increasing the indebtedness in the sum of $90,000 for the purpose of constructing a sewer system.
9/19/1931		Expressing the desire of the municipal authorities to increase the indebtedness in the amount $28,000 for the purpose of enlarging, reconstructing and repairing the storm sewers and drainage system.
2/5/1935		Increasing the indebtedness in the sum of $54,000 for the purpose of funding floating indebtedness.
9/11/1935		Signifying a desire to increase the bonded indebtedness in the sum of $135,000 for the construction of a sanitary sewerage system and disposal plant and authorizing the holding of an election to obtain the consent of the electors to said increase in indebtedness.
12/16/1936		Issuing bonds and increasing the indebtedness of the Borough in the sum of $135,000 for the purpose of providing funds for and towards the construction of a sanitary sewerage system and disposal plant.
4/15/1950		Increasing of the debt of the Borough in the sum of $200,000 for the purpose of providing funds for and towards the cost of construction and installation of a secondary sewer treatment system.
8/12/1960		Creating an indebtedness with the assent of electors for the construction of a Borough Hall building.
10-1964	6/10/1964	Increasing the debt of the Borough in the amount of $85,000 for the purpose of providing funds for and towards the purchase and renovation of a building to be used as the Borough Hall.
2-1972	2/9/1972	Borrowing money to purchase a refuse collection truck.
9-1972	9/29/1972	Increasing the debt in the amount of $52,000 for the purpose of providing funds for the construction of storm sewers and reconstruction of a portion of Colwell Lane.
10-1972	10/11/1972	Increasing the nonelectoral debt in an aggregate amount not in excess of $52,000 in anticipation of the receipt of current taxes.
3-1985	5/8/1985	Incurring debt in the maximum principal amount of $750,000 for the purpose of improvement to sewage collection and treatment facilities.
3-1998	2/11/1998	Increasing the nonelectoral indebtedness by issuing a general obligation note in the amount of $254,377 for improvements to the public infrastructure.
2014-03	9/17/2014	Incurring debt in the aggregate principal amount of $10,781,1000 for the purpose of providing funds for and toward the costs of a capital project.
07-2021	12/20/2021	Incurring debt by the issuance of $7,042,000 general obligation note, Series A of 2022, and $1,022,000 general obligation note, Series B of 2022, for the purpose of providing funds to fund refinancing project.