Explanation
This ordinance authorizes issuance of limited tax bonds in an amount not to exceed $17,555,000 for the purpose of providing funds to refund certain outstanding revenue bonds of the City (Polaris Project). ($17,555,000). These bonds will be placed with RBC Capital Markets on a negotiated basis.
Title
To authorize the issuance of limited tax bonds in an amount not to exceed $17,555,000.00 for the purpose of providing funds to refund certain outstanding revenue bonds of the City (Polaris Project). ($17,555,000.00). Section 55(b) of the City Charter.
Body
See attached file: City of Columbus - Polaris Refunding Bonds - LT Bond Ordinance (tax-exempt).pdf