Explanation
This ordinance authorizes the issuance of unlimited tax bonds in an amount not to exceed $78,615,000 for transportation projects. This bond sale will be conducted on a competitive basis and is a cooperative effort of the Department of Finance and Management and the City Auditor's Office. The proposed sale date is July 10, 2012.
Title
To authorize the issuance of unlimited tax bonds in an amount not to exceed $78,615,000.00 for transportation projects ($78,615,000.00). Section 55(B) of the City Charter.
Body
See attached document: City of Columbus-2012 Bonds-UT Transportation Ordinance(4).doc