All Legislation
Resolution17-1044Adopted
Dept/ Agency: Finance Action: ( ) Ratifying (X) Authorizing ( ) Amending Purpose: Confirming Bond Sale Amount to be Financed: $1,000,000.00 Source of Appropriation: Bonds Purchaser: SWH Properties, LLC., 100 Washington Street, Newark, New Jersey 07102 Project Information: (Description/ Project No./Amount Appropriated/Ordinance No.) RESOLUTION AUTHORIZING AND PROVIDING FOR THE ISSUANCE AND SALE OF REDEVELOPMENT AREA BONDS (NEWARK WAREHOUSE URBAN RENEWAL, LLC PROJECT, SERIES 2017A) (FEDERALLY TAXABLE, NON-RECOURSE) OF THE CITY OF NEWARK, IN THE COUNTY OF ESSEX, NEW JERSEY, PROVIDING FOR THE FORM, MATURITIES AND OTHER DETAILS OF SAID BONDS; AUTHORIZING THE EXECUTION AND DELIVERY BY THE CITY OF A TRUST INDENTURE, A FIRST SUPPLEMENTAL INDENTURE, A BOND PURCHASE AGREEMENT, A PLEDGE AND ASSIGNMENT AGREEMENT AND SUCH OTHER DOCUMENTS AND INSTRUMENTS AS NECESSARY FOR THE ISSUANCE OF SAID BONDS. Additional Information:
Progress
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Introduced
May 18, 2017
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In Committee
May 23, 2017
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Passed
May 23, 2017
4
Enacted