Explanation
This ordinance authorizes the issuance of unlimited tax bonds in an amount not to exceed $56,980,000.00 for the purpose of providing funds to refund certain outstanding unlimited tax general obligations of the City. This sale will be conducted on a negotiated basis.
Title
Authorizing this issuance of unlimited tax bonds in an amount not to exceed $56,980,000.00 for the purpose of providing funds to refund certain outstanding unlimited tax general obligation bonds of the City ($56,980,000.00) (Taxable). Section 55(b) of the City Charter.
Body
See attached file: City of Columbus - 2012 (3rd Qtr) Refunding Bonds - UT Bond Ordinance (TAXABLE)