All Legislation
Resolution18-1087Adopted
Dept/ Agency: Finance Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Preliminary/Official Statement, Note Purchase Agreement and Continuing Disclosure Certificate for Issuance of Notes Purpose: Approving official statement, note purchase agreement, and continuing disclosure certificate for sale of bond anticipation notes. Amount to be Financed: $49,082,000.00 Project Information: (Description/ Project No./Amount Appropriated/Ordinance No.) RESOLUTION OF THE CITY OF NEWARK AUTHORIZING THE CIRCULATION OF A PRELIMINARY OFFICIAL STATEMENT AND FINAL OFFICIAL STATEMENT IN CONNECTION WITH THE RENEWAL AND NEGOTIATED SALE OF $49,082,000.00 GENERAL OBLIGATION NOTES, SERIES 2018, OF THE CITY, APPROVING A CONTINUING DISCLOSURE CERTIFICATE AND NOTE PURCHASE CONTRACT WITH RESPECT TO SAID NOTES, AND AUTHORIZING OTHER ACTIONS IN CONNECTION THEREWITH Additional Information: The sale of these bond anticipation notes is for the renewal of existing bond anticipation notes which mature on October 11, 2018 and November 30, 2018.
Progress
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Introduced
Aug 17, 2018
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In Committee
Sep 19, 2018
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Passed
Sep 19, 2018
4
Enacted