Explanation
This ordinance authorizes the issuance of unlimited tax bonds in an amount not to exceed $53,550,000 for sanitary sewer projects. The bond sale will be conducted on a negotiated basis with Bank of America Merrill Lynch as senior managers and Fifth Third Securities, Inc. and Stifel Nicolaus & Company, Inc as co-senior managers.
Title
To authorize the issuance of unlimited tax bonds in an amount not to exceed $53,550,000.00 for sanitary sewer projects ($53,550,000.00) Section 55(B) of the City Charter.
Body
See attached document - City of Columbus - 2013 Bonds - UT Sanitary Sewer Ordinance (4).pdf