Item Coversheet

  Town of Huntersville
REQUEST FOR BOARD ACTION
6/20/2016

REVIEWED:

To:                  The Honorable Mayor and Board of Commissioners

From:              Jackie Huffman/Greg Ferguson

Subject:          Conduct a Public Hearing Regarding Authorizing $865,000 GO Bonds


As approved at the June 6 Town Board meeting, allow the public an opportunity to speak on authorizing the issuance of $865,000 General Obligation Street Bonds.  These bonds are to be used on the Main Street Upgrades and providing connections to NC 115 at Mount Holly-Huntersville Road and Fourth Street in Town, including related improvements and the acquisition of land, rights-of-way and easements in land required therefor.   


ACTION RECOMMENDED: 

Hold Public Hearing. 

 
 
FINANCIAL IMPLICATIONS:

See calculations of net debt.