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Ordinance or Resolution
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Date
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Description
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Ord. 101
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10/30/1914
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Expressing the desire of the corporate authorities of the Borough
of Saxonburg that the indebtedness of the said Borough be increased
to 7% of the assessed valuation of the said Borough for the purpose
of paying the Borough's share of grading, paving and improving
certain public streets in the said Borough, and providing for the
submitting of the question of such increase of indebtedness to the
qualified electors of the Borough of Saxonburg at the general election
to be held November 3, 1914
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Ord. 103
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12/28/1915
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Providing for the issuing of $4,500 of bonds by the Borough
of Saxonburg, Butler Co., Pa., known as Main Street Improvement Bonds,
providing for the number, denomination, rate of interest, date and
date of maturity of same, and levying an annual tax to pay the principal
and interest of the same as they severally mature
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Ord. 115
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4/8/1930
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Expressing the desire of the municipal authorities of the Borough
of Saxonburg that the indebtedness of the Borough be increased in
the sum of $13,000 for the purpose of procuring a water supply and
installing a water system or plant in the Borough for domestic use
of the citizens and for fire protection
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Ord. 118
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9/2/1930
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Authorizing the issue and sale of $26,500 bonds, fixing the
name, denomination, rate of interest, date and date of maturity thereof
(The bond issue was to establish a water system.)
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Ord. 254
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1/6/1971
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Authorizing and directing an increase in the indebtedness of
the Borough of Saxonburg in the amount of $40,000 by providing for
the issuance and delivery of a temporary indebtedness note in said
amount for the purpose of providing funds to finance construction
of a Municipal Building; fixing the form, date, interest rate and
maturity provisions of said note and levying an annual tax to provide
for the payment of the principal and interest thereof
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Ord. 307
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7/6/1977
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Authorizing, directing and providing for the increase of the
lease rental indebtedness of the Borough of Saxonburg in the amount
of $120,000 by guaranteeing the borrowing of the Municipal Authority
of the Borough of Saxonburg for the purpose of providing funds for
a supplemental water well supply and treatment program; determining
the realistic useful life of said program and approving and authorizing
the execution and delivery of a guaranty agreement
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Ord. 313
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12/6/1978
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Authorizing, directing and providing for the increase of the
lease rental indebtedness of the Borough of Saxonburg in the amount
of $70,000 by guaranteeing the borrowing of the Municipal Authority
of the Borough of Saxonburg for the purpose of providing funds for
engineering services and site acquisition costs in connection with
the expansion and improvement to the Authority's water and sewer
system; determining the realistic useful life of said project and
approving and authorizing the execution and delivery of a guaranty
agreement
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Ord. 316
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2/27/1979
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Directing and providing for the increase of the lease rental
indebtedness of the Borough in the amounts of $2,195,000, of $160,000
and of $77,000, respectively, by guaranteeing the borrowing of Saxonburg
Area Authority for the purpose of providing funds for the refunding
of certain bonds and the interim and permanent financing of expansion
and improvement to its sewer and water system (the "Project"), determining
the realistic life of the Project, approving and authorizing the execution
and delivery of guaranty agreements, covenanting for the payment of
the debt service on the borrowings from the general revenues of the
Borough, and the pledging of its full faith, credit, and taxing power
therefor, authorizing all filings required by Act No. 52 of 1978,
the performing of all acts necessary and proper under said Act, and
the repealing of all inconsistent ordinances or resolutions
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Ord. 362
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4/4/1990
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Authorizing the Borough to incur lease rental debt in the amount
of $2,000,000 in connection with the issuance of the Saxonburg Area
Authority Guaranteed Sewer and Water Revenue Bonds, Series 1990, for
the purpose of acquisition and construction of certain improvements
to the sewer and water system by entering into a First Supplemental
Guaranty Agreement with the Authority and its Trustee; approving report
of engineer for debt exclusion purposes; allocating tax-exempt bond
rebate exception limitation; authorizing all filings required by the
Local Government Unit Debt Act and the performing of all acts necessary
and proper under said Act and the Borough Code
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Ord. 372
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12/17/1993
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Authorizing the Borough of Saxonburg to incur lease rental debt
in connection with the issuance of the Saxonburg Area Authority Guaranteed
Sewer and Water Revenue Bonds, Series of 1993, by entering into a
second supplemental guarantee agreement with the Authority, authorizing
all filings required by the Local Government Unit Debt Act and performing
all acts necessary and proper under said Act and the Borough Code
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Ord. 373
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6/2/1993
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Authorizing the incurring of nonelectoral debt for the purpose
of providing funds for the renovation and expansion of the Saxonburg
Borough Municipal Building by the issuance of a general obligation
note in the principal amount of $700,000
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Ord. 391
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8/6/1997
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Authorizing the incurring of nonelectorial debt for the purpose
of providing funds for the refunding of outstanding indebtedness by
the issuance of a general obligation note in the amount of $583,600
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