|
Ord./Res.
|
Date
|
Description
|
|---|---|---|
|
8/7/1855
|
8/7/1855
|
For the improvement of the Borough of Phoenixville. This authorized
a $4,000 loan, payable in 10 years. Section 4 of an ordinance of 11/6/1855
provided for redemption in 5 years.
|
|
5/9/1872
|
5/9/1872
|
To create a loan for the erection of water works and supplying
the Borough of Phoenixville with water. The bond issue was for not
more than $125,000. For supplements to this ordinance, see Ord. 11/12/1872,
Ord. 1/8/1874 and Ord. 1/13/1875, below.
|
|
11/12/1872
|
11/12/1872
|
A supplement to an ordinance entitled "An ordinance to create
a loan for the erection of water works and supplying the Borough of
Phoenixville with water" passed 5/9/1872. For ordinance supplemented
by this ordinance, see Ord. 5/9/1872 above. This ordinance increased
the amount of the bond issue to $175,000, the proceeds to be used
for the erection of water works, and any amount left over for construction
of gas works.
|
|
1/8/1874
|
1/8/1874
|
A supplement to an ordinance approved 5/9/1872, entitled "A
supplement to an ordinance approved 9/12/1872, entitled "An ordinance
to borrow money for the erection of water works in the Borough of
Phoenixville.' "For ordinance supplemented by this ordinance, see
Ord. 11/12/1872 above. This ordinance increased the bond issue to
$193,000, the additional amount to be used for the completion of the
water works and appliances.
|
|
1/13/1875
|
1/13/1875
|
A supplement to an ordinance passed May 9th, 1872, entitled
"An ordinance to create a loan for the erection of water works in
the Borough of Phoenixville." For ordinance supplemented by this ordinance,
see Ord. 5/9/1872 above. This ordinance increased the amount of the
bond issue to $200,000.
|
|
9/21/1882
|
9/21/1882
|
To create a loan for the purpose of redeeming and paying off
the Water Works Bonds of the Borough of Phoenixville.
|
|
2/7/1894
|
2/7/1894
|
Authorizing the Burgess of the Borough of Phoenixville to borrow
money on the credit of said Borough to defray the expenses if improving
the streets and highways thereof and for other purposes. The loan
was not to exceed $5,000.
|
|
3/7/1894
|
3/7/1894
|
For the issue of $180,000 of bonds of the Borough of Phoenixville,
for the purpose of redeeming the water bonds now outstanding.
|
|
8/25/1899
|
8/25/1899
|
For the issue of $169,000 of bond of the Borough of Phoenixville
for the purpose of redeeming the water bonds now outstanding. For
supplement to this ordinance, see Ord. 10/25/1899, below.
|
|
10/25/1899
|
10/25/1899
|
A supplement to the ordinance for issuing of $169,000 of bonds
of the Borough of Phoenixville for the purpose of redeeming the water
bonds now outstanding, enacted by the Burgess and Town Council of
the Borough of Phoenixville, August 25, 1899. For ordinance supplemented,
see Ord. 8/25/1899, above. This ordinance authorized issuance of the
bonds and levy of a tax to pay the interest and principal.
|
|
1/11/1900
|
1/11/1900
|
Authorizing the holding of a public election to obtain the assent
of the electors of the Borough of Phoenixville, in the County of Chester
and State of Pennsylvania, to pay the existing indebtedness of said
Borough and for that purpose, to issue bonds therefore in the sum
of $190,000.
|
|
9/4/1906
|
9/4/1906
|
Providing for the purchase of real estate and the borrowing
of money for sewer purposes. This authorized a loan of not more than
$5,000 for the purpose of building a sewer on Fifth Avenue and on
Main Street beginning at Fifth Avenue.
|
|
1/1/1907
|
1/1/1907
|
Providing for the borrowing of money for the construction of
a sewer. This authorized a loan for not more than $3,000, for the
construction of a sewer on Fifth Avenue, Gay Street and through private
property.
|
|
10/7/1908
|
10/7/1908
|
Authorizing the increase of the bonded debt of the Burgess and
Town Council of the Borough of Phoenixville, providing for an issue
of municipal bonds therefore and levying a tax for the payment of
the principal and interest thereof. This authorized a $50,000 bond
issue, $20,000 of which was to be used for payment of floating debt,
$30,000 for street improvements in the South Ward.
|
|
8/2/1910
|
8/2/1910
|
Authorizing an increase of indebtedness of $12,500 for the paving
of East Bridge Street.
|
|
3/31/1914
|
3/31/1914
|
Authorizing the Burgess and Town Council of the Borough of Phoenixville
to issue bonds for the purpose of redeeming and refunding the water
bonds of the Borough of Phoenixville now outstanding. The bond issue
was for $134,900.
|
|
9/7/1921
|
9/7/1921
|
To signify the desire of the Borough authorities to increase
the indebtedness of the Burgess and Town Council of the Borough of
Phoenixville in the sum of $100,000 by the issuance of certificates
of indebtedness of the Borough of Phoenixville, and providing moneys
for highway repairs and improvements and further providing for a special
election to authorize the same.
|
|
9/6/1922
|
9/6/1922
|
To signify the desire of the Borough authorities to increase
the indebtedness of the Burgess and Town Council of the Borough of
Phoenixville in the sum of $150,000 by issuance of certificates of
indebtedness of the Borough of Phoenixville, and providing moneys
for highway repairs and improvements, and further providing for a
special election to authorize the same.
|
|
4/10/1923
|
4/10/1923
|
Increasing the bonded indebtedness of the Burgess and Town Council
of the Borough of Phoenixville, a municipal corporation, in the sum
of $150,000 and providing for an issue of municipal bonds therefore
and levying an annual sinking fund tax for the payment of the principal,
interest and State tax thereon within 30 years. This authorizes the
Funding and Highway Improvement Bonds of 1923.
|
|
9/10/1925
|
9/10/1925
|
To signify the desire of the Borough authorities to increase
the indebtedness of the Burgess and Town Council of the Borough of
Phoenixville, in the sum of $210,000, by the issuance of certificates
of indebtedness for the purpose of providing moneys for repairs and
improvements of the highways and waterworks and supply system of the
Borough of Phoenixville, and further providing for a special election
to authorize the same.
|
|
12/4/1930
|
12/4/1930
|
To authorize the officers of the Borough of Phoenixville to
make a temporary loan not exceeding $35,000 of the Philadelphia National
Bank under the provisions of the Act of May 8th, 1929, amending the
Borough Act of 1927.
|
|
12/8/1931
|
12/8/1931
|
To authorize the officers of the Borough of Phoenixville to
make a temporary loan not exceeding $50,000, of the Pennsylvania Company
for Insurance on Lives and Granting Annuities, of Philadelphia, Pa.,
under the provisions of the Act of May 8th, 1929, P.L. 1636, amending
the Borough Act of 1927.
|
|
11/9/1932
|
11/9/1932
|
To authorize the officers of the Borough of Phoenixville to
make a temporary loan not exceeding $50,000, of the Pennsylvania Company
for Insurance on Lives and Granting Annuities, of Philadelphia, Pa.,
under the provisions of the Act of May 8th 1929, P.L. 1636, amending
the Borough Act of 1927.
|
|
11/9/1937
|
11/9/1937
|
To create and incur an increase of indebtedness of the Borough
of Phoenixville, Chester County, Pennsylvania, in the sum of $155,000
for the purpose of providing funds for and toward the right of the
Borough to assess property owners for a portion of the total cost
thereof; to approve the form of bond and coupon; and to levy a tax
for the payment of the principal of said bonds at maturity and the
interest and State tax thereon meanwhile.
|
|
9/5/1950
|
9/5/1950
|
Signifying the desire of the Borough Council of the Borough
of Phoenixville, Chester County, Pennsylvania, to make an increase
of the debt of the said Borough of Phoenixville, in the sum of $475,000
for the purpose of providing funds for and toward the construction
of a secondary sewage treatment plant for the Borough of Phoenixville;
and calling an election for the purpose of obtaining to assent of
the electors to said increase of debt.
|
|
12/19/1950
|
12/19/1950
|
To authorize and direct the issuance of general obligation bonds
of the Borough of Phoenixville, Chester County, Pennsylvania, in the
maximum amount of $475,000 for the purpose of providing funds for
and toward the construction of a secondary sewage treatment plant
for the Borough of Phoenixville; providing for the rate of interest
on said bonds and fixing the maturity dates thereof; stating the estimated
period of usefulness of the improvements for which said bonds are
to be issued; approving the form of bond and coupon; providing for
the assessment, levy and collection of a tax to pay the interest covenanted
to be paid thereon and the principal thereof at maturity; establishing
a sinking fund; directing the President and the Secretary of Borough
Council to prepare, verify and file the required statement; and authorizing
and directing the Secretary to certify and file with the Department
of Internal Affairs certified copies of the necessary proceedings.
|
|
9/4/1956
|
9/4/1956
|
Signifying the desire of the Borough Council of the Borough
of Phoenixville, Chester County, Pennsylvania, to make an increase
in the debt of the said Borough of Phoenixville in the sum of $325,000
for the purpose of providing funds for and toward improvements to
the Borough water treatment plant and distribution system; and calling
an election for the purpose of obtaining the assent of the electors
to said increase of debt.
|
|
4/22/1957
|
4/22/1957
|
To authorize and direct the issuance of general obligation bonds
of the Borough of Phoenixville, Chester County, Pennsylvania, in the
maximum amount to $325,000 for the purpose of providing funds for
and toward improvements to the Borough water treatment plant and distribution
system; providing for the rate of interest on said bonds and fixing
the maturity dates thereof; stating the estimated period of usefulness
of the improvements for which said bonds are to be issued; approving
the form of bond and coupon; providing for the assessment, levy and
collection of a tax to pay the interest covenanted to be paid thereon
and the principal thereof at maturity; establishing a sinking fund;
directing the President and the Secretary of Borough Council to prepare,
verify and file the required statement; and authorizing and directing
the Secretary to certify to and file with the Department of Internal
Affairs certified copies of the necessary proceedings.
|
|
965
|
10/9/1963
|
Authorizing the issuance of $300,000 of general obligation bonds
of the Borough of Phoenixville; providing for the form of said bonds,
requiring coupons to be thereto annexed; levying an annual tax for
the payment of principal and interest on said bonds; and containing
further provisions in connection with bonds was to pay a portion of
the cost of improvements to streets, sewers and water lines.
|
|
1075
|
9/17/1968
|
Authorizing the making of capital improvements to the water
system of the Borough and the financing thereof by the issuance of
$2,650,000 Borough of Phoenixville Water Revenue Bonds. Series of
1968; pledging the revenues of the water system for the payment of
such bonds; providing for the disposition of the proceeds of such
bonds and of the revenues of the water system; providing for the issuance
of additional revenue bonds; setting forth covenants of the Borough
in the fixing of rates and the operation of the water system and the
benefit of the holders of such bonds.
|
|
1090
|
3/11/1969
|
Authorizing the making of capital improvements to the sewer
system of the Borough and the financing of a major portion of the
cost thereof by the issuance of $1,458,000 Borough of Phoenixville
Sewer Revenue Bonds, Series of 1969; setting forth the form of bond
and coupon; pledging the revenues of the sewer system for the payment
of such bonds; providing for the disposition of the proceeds of such
bonds and of the revenues of the sewer system; providing for the issuance
of additional sewer revenue bonds; setting forth covenants of the
Borough in the fixing of rates and the operation of the sewer system
and for the benefit of the holders of such bonds.
|
|
1320
|
11/28/1977
|
Increasing the indebtedness of the Borough of Phoenixville,
County of Chester, Pennsylvania, by the issue of general obligation
note in the amount of $100,000 for sundry purposes; fixing the form,
number, date, interest and maturity thereof; making a covenant for
the payment of the debt service on the note; providing for the filing
of the required document; providing for the appointment of a sinking
fund depository for the note; and authorizing execution, sale and
delivery thereof. The loan was for repayment to General Fund for sewer
for sewer system improvements.
|
|
1329
|
4/11/1978
|
Increasing the indebtedness of the Borough of Phoenixville,
County of Chester, Pennsylvania, by the issue of a general obligation
note in the amount of $150,000 for sundry purposes; fixing the form,
number, date, interest and maturity thereof; making a covenant for
the payment of the debt service on the note; providing for the filing
of the required document; providing for the appointment of a sinking
fund depository for the note; and authorizing execution, sale and
delivery thereof. The loan was for downtown business district improvements.
|
|
1370
|
10/9/1979
|
Increasing the indebtedness of the Borough of Phoenixville,
County of Chester, Pennsylvania, by the issue of a general obligation
note in the amount of $100,000 for sundry purposes; fixing the form,
number, date, interest and maturity thereof; making a covenant for
the payment of the debt service on the note; providing for the filing
of the required document; providing for the appointment of a sinking
fund depository for the note; and authorizing execution, sale and
delivery thereof. The purpose of the loan was sewage treatment plant
improvements.
|
|
1371; amended by 1439
|
11/8/1979; 4/13/1982
|
To authorize and direct the incurring of nonelectoral debt through
the issuance of general obligation bonds of the Borough of Phoenixville,
Chester County, Pennsylvania, in the maximum amount of $1,240,000
for the purpose of providing funds for and toward the construction
of improvements to the existing water system, the construction and
reconstruction of streets, the improvement of existing municipal parking
lots, the acquisition and demolition of real and/or personal property
for municipal parking lot purposes, the construction and reconstruction
of capital facilities for public recreation purposes, engineering
studies for the construction of, and repairs and improvements as aforementioned,
and the cost of financing, or any or all of the same; stating the
estimated useful lives of the projects for which the bonds are issued;
directing the President and Secretary of the Borough Council to prepare,
verify and file the required debt statement; covenanting that the
Borough shall include the amount of annual debt service in its budget
for each fiscal year; providing for coupon bonds, date of the bonds,
interest payment dates and provision for redemption; covenant as to
payment of principal and interest without deduction for certain taxes;
providing for facsimile signatures and seal and authentication; approving
the form of bond, coupon, paying agent's authentication certificate,
endorsement and registration; providing for temporary bonds; providing
for the stated principal maturity amounts and fixing the rates of
interest on such bonds; awarding such bonds to C.C. Collings and Company,
Inc. Philadelphia, Pennsylvania pursuant to a negotiated sale; creating
a sinking fund; authorizing the proper officers of the Borough to
contract with a bank for its services as sinking fund depository and
paying agent; authorizing and directing the Secretary to certify and
to file with the Department of Community Affairs certified copies
of the necessary proceedings; covenanting that the proceeds of the
bonds shall be used in such manner as to cause the bonds to become
arbitrage bonds under Federal tax law provisions; authorizing the
proper officers of the Borough to do all things necessary to carry
out the ordinance; and repealing and describing all inconsistent ordinances.
|
|
1418
|
8/11/1981
|
To authorize and direct the incurring of nonelectoral debt through
the issuance of a general obligation term loan note of the Borough
of Phoenixville, Chester County, Pennsylvania, in the maximum principal
amount of $38,184 for the purpose of providing funds for and toward
the improvement of the Borough's water distribution system in Upper
Providence Township, Montgomery County, and the costs relating to
the issuance of such note; which said note is issued; directing the
President and Secretary of the Borough Council of Phoenixville to
prepare, certify and fill the required debt statement; that the covenanting
shall include the amount of annual debt service in its budget for
each fiscal year; providing for a fully registered note, denomination.
Principal and interest payment dates and provisions for prepayment
of the note; stating that the note shall be payable without deduction
for taxes; providing for the method of executing the note; approving
the form of a sinking; authorizing the proper officers of the Borough
of Phoenixville to contract with a bank for its services as sinking
fund depository and paying agent; authorizing and directing the Secretary
to certify and to file with the Department of Community Affairs certified
copies of the necessary proceedings; covenanting that the proceeds
of the note shall not be used in such manner as to cause the note
to be an arbitrage bond under Federal tax law provisions; authorizing
proper officers of the Borough of Phoenixville to do all things necessary
to carry out this ordinance; and repealing all inconsistent ordinances.
|
|
1419
|
11/10/1981
|
Increasing the indebtedness of the Borough of Phoenixville,
County of Chester, Pennsylvania, by the issue of a general obligation
note in the amount of $130,000 for sundry purposes; fixing the form,
number, date, interest and maturity thereof; making a covenant for
payment of the debt service of the note; providing for the filing
of the required document; and authorizing of execution, sale and delivery
thereof.
|
|
1430
|
12/15/1981
|
Increasing the indebtedness of the Borough of Phoenixville,
Chester County, Pennsylvania, by the issue of general obligation notes
in the amount of $500,000 for improvements to the Mont Clare, Upper
Providence Township, Montgomery County portion of the Phoenixville
water distribution system and to other portions of said system; fixing
the form, number, date, interest and maturity thereof; making a covenant
for the payment of the debt service on the notes; providing for the
filing of the required documents; providing for the appointment of
a sinking fund depository for the notes; and authorizing execution,
sale and delivery thereof.
|
|
1452
|
9/14/1982
|
Extending the indebtedness of the Borough of Phoenixville, County
of Chester, Pennsylvania, by the issue of a general obligation note
in the amount of $104,000 for sundry purposes; fixing the form, number,
date, interest and maturity thereof; making a covenant for the payment
of the debt service on the note; providing for the filing of the required
documents and authorizing execution, sale and delivery thereof. (See
Ord. 1457 below)
|
|
1457
|
11/9/1982
|
Amending Ord. 1452 (which ordinance approved a general obligation
note for $104,000) by lowering the prime interest rate ceiling used
in computing interest on the said loan.
|
|
1499
|
12/11/1984
|
Increasing the nonelectoral debt of the Borough of Phoenixville,
County of Chester, Pennsylvania, by the issuance of a general obligation
term loan note in the amount of $75,000 for the purpose of providing
funds for and toward the construction of a parking lot at the northeast
corner of the intersection of Bridge and Main.
|
|
1517
|
8/13/1985
|
Authorizing the increase of the nonelectoral debt of the Borough
of Phoenixville, County of Chester, Pennsylvania, by the Issuance
of a Guaranteed Revenue Note in the amount of $250,000 for the purpose
of providing funds for and toward the cost of constructing or rehabilitating
a community waters supply system consisting of abandoning a 6 inch
water line on Nutt Road, in the Borough and reconnecting cross streets,
hydrants and individual services to a 12 inch transmission water line,
and the costs relating to the issuance of such note.
|
|
1546
|
7/1/1987
|
Authorizing this local government unit to incur Lease Rental
Debt in the maximum aggregate principal amount of $870,000, determining
that such debt shall be incurred as guaranteed lease rental debt pursuant
to the Local Government Unit Debt Act of the Commonwealth of Pennsylvania
by obtaining financing for a project from the Pennsylvania Pooled
Finance Authority from proceeds of the sale of its adjustable rate
convertible guaranteed lease revenue bonds (Municipality Capital Improvements
Program) Series 1986 A and Series 1986 B.
|
|
1565
|
7/5/1988
|
Authorizing this local government unit to incur Lease Rental
Debt in the maximum aggregate principal amount of $705,000, determining
that such debt shall be incurred as guaranteed lease rental debt pursuant
to the Local Government Unit Debt Act of the Commonwealth of Pennsylvania
by obtaining financing for a project from the Pennsylvania Pooled
Finance Authority from proceeds of the sale of its adjustable rate
convertible guaranteed lease revenue bonds (Municipality Capital Improvements
Program) Series 1986 A and Series 1986 B.
|
|
1573
|
10/11/1988
|
Increasing the nonelectoral debt of the Borough of Phoenixville,
County of Chester Pennsylvania, by the Issuance of a Guaranteed Revenue
note in the principal amount of $187,000, pursuant to the Local Government
Unit Debt Act of the Commonwealth of Pennsylvania, for the purpose
of providing funds for financing road improvements, demolishing a
municipal building and certain related capital projects in and for
the Maker ('Project') and paying the costs related to the issuance
of the note.
|
|
1587
|
4/11/1989
|
Increasing the nonelectoral debt of the Borough of Phoenixville,
County of Chester, Pennsylvania by the issuance of a general obligation
promissory note in the amount of $588,654 for the purpose if capital
projects.
|
|
1619
|
2/13/1990
|
Increasing the indebtedness of the Borough by the issuance of
a guaranteed revenue note in the amount of $525,303.50 for the purpose
of making improvements to a certain water system.
|
|
1620
|
2/27/1990
|
Increasing the nonelectoral debt of the Borough through the
issuance of a bond anticipation note in the anticipation of the issuance
of the long term general obligation note in the amount of $2,000,000
for the purpose of making improvements to the water and sewer systems.
|
|
1632
|
10/4/1990
|
Increasing the nonelectoral debt by the issuance of general
obligation bonds in the amounts of $1,715,000 and $3,498,959.20 for
the purposes of purchasing a new fire truck and making improvements
to the water system.
|
|
1656
|
12/3/1991
|
Increasing the nonelectoral debt through the issuance of Borough
of Phoenixville General Obligation Notes in the amount of $630,000
for sundry purposes.
|
|
1695
|
3/3/1993
|
Authorizing and directing the incurring of nonelectoral debt
through the issuance of general obligation bonds, series 1993, in
the principal amount of $4,645,000 for the purpose of providing funds
for and toward multiple purposes.
|
|
1707
|
9/1/1993
|
Authorizing and directing issuance of general obligation bonds,
Series B of 1993 in the aggregate principal amount of $1,370,000 pursuant
to the Local Government Unit Debt Act of the Commonwealth of Pennsylvania
for the purpose of prepaying outstanding sublease obligations of the
Borough, together with issuance costs; determining that said bonds
shall be sold at private sale by negotiation; determining that such
debt to be incurred shall be nonelectoral debt; specifying the estimated
useful life of the project; accepting a proposal for such purpose
of said bonds at private sale, and awarding such bonds and setting
forth related provisions; providing that such bonds when issued shall
be general obligation bonds.
|
|
1714
|
12/7/1993
|
Declaring the refunding of the Borough's water revenue bonds,
series of 1968 and sewer revenue bonds, series of 1969, in advance
of their respective maturities, as a project for which the Borough
desires to incur nonelectoral debt; declaring the remaining realistic
estimated useful lives of the projects for which the 1968 bonds and
the 1969 bonds were issued; authorizing the incurring of nonelectoral
debt by the Borough for the purpose of providing funds for and toward
effecting the refunding of the Borough's 1968 bonds and 1969 bonds;
determining the amount of debt to be incurred in respect of said project
as $2,675,000; providing for the evidencing of such debt in respect
of such project by an issue of general obligation bonds.
|
|
1739
|
10/11/1994
|
Authorizing the nonelectoral debt by the Borough of Phoenixville
pursuant to the issuance of the series of 1994 general obligation
note in the par amount of $745,000 and approving certain capital projects;
approves the negotiated sale of the 1994 note to The Delaware Valley
Regional Finance Authority; approving the substantial form of the
promissory note and financing agreement and authorizing execution
and delivery of all necessary documents.
|
|
1935
|
2/5/2002
|
Authorizing the incurrence of nonelectoral debt by the Borough
of Phoenixville pursuant to the issuance of the general obligation
note, Series of 2002 in the aggregate par amount of $1,562,000 and
approving certain capital projects; approving the negotiated sale
of the 2002 note to The Delaware Valley Regional Finance Authority;
approving the substantial forms of the promissory note and loan agreement
and authorizing execution and delivery of all necessary documents.
|
|
1974
|
4/15/2003
|
Authorizing and directing the incurrence of nonelectoral debt
of the Borough of Phoenixville, Chester County, Pennsylvania, through
the issuance of a series of general obligation bonds in the aggregate
principal amount of $12,000,000 to finance improvements to the Borough's
water and sewer mains, pumping stations and sewage treatment plant,
and for planning, revitalization, economic development, streets, roads
and traffic signals, (the "Capital Program") and to pay the costs
of issuing and insuring the bonds or any or all of the same; directing
the proper officials to prepare, certify and file the required debt
statement and borrowing base certificate.
|
|
2148
|
9/8/2009
|
Authorizing the Borough to incur lease rental debt in the maximum
principal amount of $100,000 by guarantying the note of the Phoenixville
Parking Authority, to the maximum principal amount, for the purpose
of funding capital projects and paying costs related to project operations,
approving the form of the guaranty and authorizing other necessary
and property actions.
|
|
2192
|
1/10/2011
|
Authorizing the Borough to incur electoral debt by the issuance
of general obligation bonds, Series of 2012, in the aggregate principal
amount of $22,515,000 for the purpose of providing funds to finance
various capital projects, advance refunding the Borough's general
obligation bonds, Series of 2003, and to pay the cost of issuing the
bonds; authorizing the preparation of a debt statement and other documentation;
providing for the advance refunding of the debt being refunded and
authorizing an escrow agreement for such purpose; covenanting to create
a sinking fund and to budget, appropriate and pay debt service on
the bonds; pledging the full faith, credit and taxing power of the
Borough for the prompt and full payment of the bonds, setting forth
the substantial form of the bonds, setting forth the stated principal
maturity or sinking fund redemption dates and amounts, interest rates
and interest payment dates, place of payment, sinking fund provisions
and other details of the bonds; authorizing the execution of a paying
agent agreement and a continuing disclosure agreement or supplement;
finding that a private invited sale of the bonds is in the best financial
interest of the Borough and accepting a proposal for the purchase
of the bonds; appointing a paying agent and sinking fund depository;
and authorizing other necessary action.
|
|
2020-2319
|
11/10/2020
|
Authorizing and directing the incurring of nonelectoral debt
through the issuance of general obligation bonds in the maximum aggregate
principal amount of $14,305,000 to provide funds for and toward certain
capital projects.
|
|
2022-2341
|
2/8/2022
|
Authorizing and directing the incurring of nonelectoral debt
through the issuance of general obligation bonds in the aggregate
principal amount of $10,450,000 to provide funds to: 1) undertake
the current refunding of the issuer's outstanding general obligation
bonds, series of 2012; and 2) pay the costs of issuing the bonds or
any or all of the same.
|
Table of Contents
Table of Contents
