City of Columbus - File #: 1882-2013

• File #: 1882-2013
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 7/14/2013
• In control: Finance Committee
• On agenda: 7/22/2013
• Final action: 7/25/2013
• Title: To authorize the issuance of unlimited tax bonds in an amount not to exceed $5,445,000.00 for storm sewer projects ($5,445,000.00) Section 55(B) of the City Charter.

Date	Ver.	Action By	Action	Result
7/25/2013	1	ACTING CITY CLERK	Attest
7/24/2013	1	ACTING MAYOR	Signed
7/22/2013	1	COUNCIL PRESIDENT	Signed
7/22/2013	1	Columbus City Council	Waive the 2nd Reading	Pass
7/22/2013	1	Columbus City Council	Approved	Pass

Explanation

This ordinance authorizes the issuance of unlimited tax bonds in an amount not to exceed $5,445,000.00 for storm 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 $5,445,000.00 for storm sewer projects ($5,445,000.00)

Section 55(B) of the City Charter.

Body

See attached document: City of Columbus - 2013 Bonds - UT Storm Ordinance (4).pdf