Township of Ferguson, PA
Centre County
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Table of Contents
Table of Contents

§ B-101 Bond Issues and Loans

Ord./Res.
Date
Purpose
Amount
23
11/22/1965
Sanitary sewer system; planning and service
$77,500
Res. 73-2
8/7/1973
Tax anticipation to cover current expenses
$72,000
189
4/17/1979
1979 Road renovation project
$600,000
Res. 82-7
7/27/1982
General obligation bond
$225,000
236
8/24/1982
General obligation bond
$225,000
Res. 82-8
9/7/1982
Agreeing to an extension of a loan for Transportation Authority
242
9/12/1982
Authorizing increase indebtedness of general obligation bonds
$225,000
Res. 83-18
12/6/1983
Authorizing increase indebtedness of general obligation bonds
$225,000
247
12/14/1982
Authorizing increase indebtedness of general obligation bonds
$225,000
Res. 83-2
2/8/1983
Agreeing to Loan Guaranty Agreement for Transportation Authority for calendar year 1983
Res. 83-18
12/6/1983
Agreeing to Loan Guaranty Agreement for Transportation Authority for calendar year 1984
274
7/12/1984
General obligation note for 1984 Circleville Road renovation project
$200,000
Res. 87-17
11/17/1987
Authorizing the requirements of the RIRA program and the Department of Community Affairs for the purpose of obtaining grand funds to develop Homestead Park
382
1/18/1989
General obligation note for the purchase of real estate being lot 4, Cato Subdivision.
$150,000
Res. 90-23
To proceed with the necessary steps to cause the Township to issue approximately $1.8 million of General Obligation Bonds to finance improvements to the Municipal Building and to refinance existing debt
$1,800,000
471
12/10/1990
General obligation bond for construction of improvements to Township Municipal Building
$1,615,000
577
1/24/1994
General obligation bond for refunding program to pay costs and expenses of issuing the prior Bonds
$1,420,000
650
5/20/1996
General obligation note for sundry purposes, including renovations to the municipal building for locker rooms
$160,000
752
4/3/2000
Issuing a general obligation note, Series of 2000, to finance certain projects within the Township
$1,180,000
754
6/5/2000
Issuing a general obligation note, Series 2 of 2000, to finance the construction of the Western Inner Loop
$1,377,336
760
8/21/2000
Amending Ord. 754 relating to the issuance of its general obligation note, Series 2 of 2000, by: (1) amending § 8 to name Unit as Bank as the sinking fund depository and paying agent; and (2) amending the general obligation note, Series 2 of 2000 attached as exhibit "b" to Ord. 754 to name Unit as bank as the sinking fund depository and paying agent
791
3/18/2002
Amending the adopted official map of the Township of Ferguson
792
4/15/2002
General obligation bonds, series of 2002, to be issued by the Township of Patton, in connection with a capital project of this Township, consisting of a capital contribution to the construction of a building and related facilities for the Centre Region Council of Governments
$595,000
815
2/18/2003
General obligation bonds, series of 2003, to be issued to refund generals obligation bonds series of 1994 and series of 2000
819
10/6/2003
Authorizing and directing issuance of a general obligation note to fund road construction improvements
$1,500,000
854
11/7/2005
Increasing the indebtedness by the issue of a general obligation note, series of 2005, to provide funds for capital projects including, but not limited to, undertaking additions and renovations to the municipal building
$2,968,200
923
4/14/2009
Authorizing the issuance of general obligation bonds, series of 2009, pursuant to the Pennsylvania Local Government Unit Debt Act, to currently refund outstanding general obligation note, series of 2005, general obligation bonds, series of 2003, and payment obligations under a 2002 subsidy agreement with Patton Township, and to pay related costs
$4,435,000
951
4/25/2011
Incurring "lease rental debt" in concert with four other municipalities participating in the regional parks projects and recreation facilities of the Centre Region Council of Governments and the Centre Regional Recreation Authority
$2,125,095
972
10/1/2012
Incurring "lease rental debt" in concert with four other municipalities participating in a refunding project of the Centre Region Council of Governments
$1,644,756
982
1/20/2014
Authorizing and securing a general obligation note, pursuant to the Pennsylvania Local Government Unit Debt Act, to currently refund the Township's general obligation bonds, series of 2009, and pay related expenses
$1,650,200