My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
2010-79 PROVIDING FOR THE ISSUANCE OF FOUR SERIES OF GENERAL OBLIGATION BONDS
COD
>
City Clerk
>
ORDINANCES
>
2010
>
2010-79 PROVIDING FOR THE ISSUANCE OF FOUR SERIES OF GENERAL OBLIGATION BONDS
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/27/2015 10:31:38 AM
Creation date
8/27/2015 10:31:33 AM
Metadata
Fields
Template:
Resolution/Ordinance
Res Ord Num
2010-79
Res Ord Title
PROVIDING FOR THE ISSUANCE OF FOUR SERIES OF GENERAL OBLIGATION BONDS AND PROVIDING FOR THE LEVY AND COLLECTION OF A DIRECT ANNUAL TAX FOR THE PAYMENT OF THE PRINCIPAL OF AND INTEREST ON SAID BONDS
Department
Finance
Approved Date
11/15/2010
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
55
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
(yield) nor the net interest rate received upon such sale exceed the maximum rate otherwise <br /> authorized by Illinois law and that the Series 2010B Purchase Contract is in the best interests of <br /> the City and that no person holding any office of the City, either by election or appointment, is in <br /> any manner financially interested directly in his own name or indirectly in the name of any other <br /> person, association, trust or corporation, in the Series 2010B Purchase Contract. <br /> The Series 2010C Bonds hereby authorized shall be executed as in this Ordinance <br /> provided as soon after the passage hereof as may be, and thereupon be deposited with the <br /> Treasurer, and be by said Treasurer delivered to Robert W. Baird & Co. Incorporated, <br /> Naperville, Illinois, the purchaser thereof (the "Series 2010C Purchaser"), upon receipt of the <br /> purchase price therefor, the same being $2,842,826.19; the contract for the sale of the <br /> Series 2010C Bonds heretofore entered into (the "Series 2010C Purchase Contract") is in all <br /> respects ratified, approved and confirmed, it being hereby found and determined that the <br /> Series 2010C Bonds have been sold at such price and bear interest at such rates that neither the <br /> true interest cost (yield) nor the net interest rate received upon such sale exceed the maximum <br /> rate otherwise authorized by Illinois law and that the Series 2010C Purchase Contract is in the <br /> best interests of the City and that no person holding any office of the City, either by election or <br /> appointment, is in any manner financially interested directly in his own name or indirectly in the <br /> name of any other person, association, trust or corporation, in the Series 2010C Purchase <br /> Contract. <br /> The Series 2010D Bonds hereby authorized shall be executed as in this Ordinance <br /> provided as soon after the passage hereof as may be, and thereupon be deposited with the <br /> Treasurer, and be by said Treasurer delivered to BMO Capital Markets GKST Inc., Chicago, <br /> Illinois, the purchaser thereof (the "Series 2010D Purchaser"), upon receipt of the purchase <br /> price therefor, the same being $1,838,838.77; the contract for the sale of the Series 2010D Bonds <br /> -32- <br />
The URL can be used to link to this page
Your browser does not support the video tag.