City of Columbus - File #: 0131-2013

• File #: 0131-2013
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 1/9/2013
• In control: Finance Committee
• On agenda: 1/14/2013
• Final action: 1/16/2013
• Title: To authorize the issuance of unlimited tax bonds in an amount not to exceed $423,090,000 for the purpose of providing funds to refund certain outstanding general obligation bonds of the City, which bonds were originally designated by the City as “Build America Bonds” pursuant to Section 54AA(d) of the Internal Revenue Code of 1986, as amended ($423,090,000). Section 55(b) of the City Charter.

Date	Ver.	Action By	Action	Result
1/16/2013	1	CITY CLERK	Attest
1/15/2013	1	MAYOR	Signed
1/14/2013	1	COUNCIL PRESIDENT	Signed
1/14/2013	1	Columbus City Council	Waive the 2nd Reading	Pass
1/14/2013	1	Columbus City Council	Approved	Pass

Explanation

This ordinance authorizes the issuance of unlimited tax bonds in an amount not to exceed $423,090,000 for the purpose of providing funds to refund certain outstanding general obligation bonds of the City, which bonds were originally designated by the City as "Build America Bonds" pursuant to Section 54AA(d) of the Internal Revenue Code of 1986, as amended ($423,090,000).

Title

To authorize the issuance of unlimited tax bonds in an amount not to exceed $423,090,000 for the purpose of providing funds to refund certain outstanding general obligation bonds of the City, which bonds were originally designated by the City as "Build America Bonds" pursuant to Section 54AA(d) of the Internal Revenue Code of 1986, as amended ($423,090,000).  Section 55(b) of the City Charter.

Body

See Attached File: City of Columbus - BABs Refunding Bonds - UT Bond Ordinance (tax-exempt).pdf