HomeMy WebLinkAboutA012 - Excerpt from March 29, 1993 minutesExcerpt from March 29, 1993 minutes
SEWER REVENUE REFUNDING' 13ONDS: Motion by Hertz, Second by Parks, to adopt
RLSOLUTION NO. 93-126 to fix April 13, 1993 as date of meeting at which it is proposed take
action for the issuance of not to exceed $6,000,000 Sewer Revenue Refunding Bonds, Series
1993, and authorizing the City Manager and City Finance Director to set the terms and the date
for the sale of such bonds and to provide for the advertisement thereof.
Roll Call Vote: 5-0. Resolution declared adopted unanimously, signed by the Mayor, and hereby
made a portion of these minutes.
Mr. Burggraaffnotcd the pre -sale showed numbers more optimistic than what the present bond
market conditions report. He said Council's action Would procedurally authorize the City
Manager and Finance Director to set a date of sale, facilitating the process when the right time
came along.