All Legislation
Resolution15-0352Filed

Dept/ Agency: Finance Action: ( ) Ratifying (X) Authorizing ( ) Amending Purpose: Approving Form of Sale of City-Secured Bonds Amount to be Financed: $70,000,000.00 Source of Appropriation: Bond Anticipation Notes Purchaser: TD Bank, National Association, Cherry Hill, New Jersey Project Information: (Description/ Project No./ Amount Appropriated/Ordinance No.) RESOLUTION AUTHORIZING AND PROVIDING FOR THE ISSUANCE AND SALE OF TAX ANTICIPATION NOTES OF THE CITY OF NEWARK IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $70,000,000.00. Additional Information: Collection of taxes for the fiscal year that commenced January 1, 2015.

Progress

Introduced

Feb 11, 2015

In Committee

Mar 18, 2015

Passed

Mar 18, 2015

4

Enacted