Explanation
This ordinance authorizes the issuance of unlimited tax bonds in an amount not to exceed $16,000,000 for neighborhood development-related projects. The sale will be conducted on a negotiated basis.
Title
To authorize the issuance of unlimited tax bonds in an amount not to exceed $16,000,000 for neighborhood development-related projects; and to declare an emergency ($16,000,000.00).
Section 44-1(b) of the City Charter.
Body
See attached file: City of Columbus - 2022 New Money Bonds - Unlimited Tax Neighborhood Ordinance (2019 Election)