Borough of Fox Chapel, PA
Allegheny County
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Table of Contents
Table of Contents

§ C-101 Bond Issues and Loans.

3-1. Increasing the bonded indebtedness of the Borough of Fox Chapel, Allegheny County, Pennsylvania, by an issue of coupon bonds to the amount of $80,000, fixing the form, number, date, interest and maturity thereof; levying a tax for payment of principal, interest and State tax; authorizing execution, sale and delivery thereon, and making an appropriation. [Ord. 26, 6/15/1937] (The purpose of this bond issue was for street and sewer improvements and constructing a sewage disposal plant.)
3-2. Expressing the desire of the corporate authorities of the Borough of Fox Chapel, County of Allegheny, Pennsylvania, to increase the indebtedness of the said Borough by the amount of $160,000 for sundry purposes and authorizing a public election and the giving of notice thereof. [Ord. 81, 9/30/1948] (The purposes of this proposed bond issue were: acquisition and improvement of sites for municipal buildings, parks and recreation centers and the providing of equipment for the same; improvements and alterations to existing public buildings; improvement of streets and roads and the construction, reconstruction and extension of storm and sanitary sewers therein and acquisition of garbage collection and disposal equipment.)
3-3. Increasing the bonded indebtedness of the Borough of Fox Chapel, Allegheny County, Pennsylvania, by an issue of coupon bonds in the amount of $100,000, for sundry purposes; fixing the form, number, date, interest and maturity thereof; levying a tax for payment of debt service charges; authorizing execution, sale and delivery thereof; and making an appropriation. [Ord. 98, 8/14/1950] (The purpose of this bond issue was for street improvements and the construction of storm and sanitary sewers.)
3-4. Increasing the bonded indebtedness of the Borough of Fox Chapel, Allegheny County, Pennsylvania, by an issue of coupon bonds in the amount of $100,000, for the purpose of paying part of the cost of constructing, equipping and furnishing a municipal building for the Borough of Fox Chapel; fixing the form, number, date, interest and maturity thereof; levying a tax for payment of debt service charges; authorizing execution, sale and delivery thereof, and making an appropriation. [Ord. 129, 5/10/1954]
3-5. Increasing the bonded indebtedness of the Borough of Fox Chapel, Allegheny County, Pennsylvania, by an issue of coupon bonds in the amount of $105,000 for the purpose of laying out, constructing, reconstructing and extending sanitary sewers within the Borough and for the further purpose of acquiring a site and constructing, erecting and equipping thereon a fire house; fixing the form, number, date, interest and maturity thereof; levying a tax for payment of debt service charges; authorizing execution, sale and delivery thereof, and making an appropriation. [Ord. 182, 4/21/1958)
3-6. To borrow money without the issuance of bonds. [Ord. 2/25/1974] (The loan was for $92,000, to be used for purchasing park and recreational land.)
3-7. Authorizing the incurring of lease rental debt. [Ord. 343, 2/4/1975] (The debt was in the amount of $1,000,000, for acquisition and construction of sewers.)
3-8. Authorizing the incurring of additional nonelectorial debt by the Borough, by the issuance of general obligation bonds in the aggregate amount of $930,000 for sundry purposes; fixing the form, number, date, interest, and maturity thereof; authorizing and directing the private sale thereof; providing for the filing of the required documents; providing for the appointment of a sinking fund depository; making certain covenants for the payment of the bonds; and making appropriations. [Ord. 344, 2/7/1975] (This was to be used for funding existing debt of the Fox Chapel Sanitary Authority and for construction of sewers.)
3-9. Untitled resolution increasing the indebtedness in the amount of $150,000, by the issuance, to the Pittsburg National Bank, at a private sale, of its tax anticipation not to be designated generally as Series A of 1976. [Resolution 238, 2/23/1976]
3-10. Untitled ordinance increasing the indebtedness in the amount of $350,000, for the purpose of constructing an addition to the Municipal Building, construction and repairing bridges and renovating the interior of the Municipal Building. [Ord. 362, 6/20/1977]
3-11. Authorizing the Borough to incur lease rental debt in connection with the refunding of the Fox Chapel Sanitary Authority's sewer lease revenue bonds, Series C, by entering into a third supplemental agreement of lease; approving the report of Murdoch/Betz Engineers, Inc.; and authorizing all filings required by Act No. 185 of 1972, as amended, and the performing of all acts necessary and proper under said Act. [Ord. 363, 9/20/1977]
3-12. Making provisions for payment and authorizing the call and early redemption of Borough of Fox Chapel General Obligation Bonds, Series of 1975. [Ord. 364, 9/20/1977]
3-13. Authorizing the increase of the nonelectorial debt in the amount of $250,000 for the purpose of extending a sewer line in a proposed development. [Ord. 497, 7/17/1989]