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Township of Upper Macungie, PA
Lehigh County
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2-1.
Directing the Secretary of this Township to advertise for sale general obligation serial bonds of this Township, in the aggregate principal amount of $200,000, which, together with general obligation term bonds of this Township, in the aggregate principal amount of $1,000, to be authorized concurrently with said general obligation serial bonds, will provide funds for and toward: (1) opening, laying out, constructing, grading, curbing and paving public roads, including facilities for necessary drainage and including the acquisition of necessary land and interests in land incident thereto and the payment of damages in connection therewith; and (2) paying related costs, fees and expenses.
[Res. 6-70, 7/2/1970]
2-2.
Authorization and direction of the issuance of general obligation bonds, in the maximum principal amount of $201,000, to provide funds for and toward: (1) opening, laying out, constructing, grading, curbing and paving public roads, including facilities for necessary drainage and the acquisition of necessary land and interests in land incident thereto and the payment of damages in connection therewith; and (2) paying related costs, fees and expenses; levying and assessing a tax for payment of debt service applicable to said bonds; establishing sinking funds and providing for application of money paid into said sinking funds.
[Ord. 4-70, 7/21/1970]
2-3.
Accepting the bid of the highest responsible bidder (The Merchants National Bank of Allentown) for purchase of general obligation serial bonds of this Township in the aggregate principal amount of $200,000, provided, this acceptance is subject to and conditioned upon approval of the authorizing procedure related to the general obligation bonds by the Department of Community Affairs of the Commonwealth of Pennsylvania.
[Res. 7-70, 7/21/1970]
2-4.
Offering general obligation term bonds, series of 1970 of this Township, in the aggregate principal amount of $1,000, at private sale, without advertisement for competitive bids.
[Res. 8-70, 7/21/1970]
2-5.
Authorizing the bonded indebtedness of the Township in the sum of $200,000; provide for the assessment, levy and collection of a tax to pay the interest and taxes covenanted to be paid thereon and the principal thereof at maturity.
[Res. 9-70, 8/15/1970]
2-6.
Incurring as a lease rental debt to be evidenced by a series of guaranteed sewer revenue bonds in the amount of $1,500,000, for the purpose of a project.
[Ord. 3-87, 4/16/1987]
2-7.
Increasing the nonelectoral debt by the issue of a general obligation note in the amount of $1,000,000 for capital projects.
[Ord. 7-97, 6/17/1997]