Resolution No. 2020-04 Authorizing the Issuance of G.O. Temporary Notes Series 2020-1 in the Amount of $1,730,000
On February 10, 2020, the City Council approved Resolution No 2020-02 which authorized the sale of G.O. Temporary Notes in the approximate amount of $1,730,000 for the Police Facility and Government Services Center.
The competitive sale of the temporary notes will be on Monday, March 9, 2020 at 11:00 a.m. The competitive bids with interest rates will be presented at the meeting with a recommendation from Staff.
- Make a motion to approve Resolution No. 2020-04 Authorizing the issuance of G.O. Temporary Notes Series 2020-1 in the approximate amount of $1,730,000.
- The Finance Director, Bond Counsel, and Municipal Adviser recommend approval.