Item Coversheet

  Town of Huntersville
REQUEST FOR BOARD ACTION
8/1/2016

REVIEWED:

To:                  The Honorable Mayor and Board of Commissioners

From:              Jackie Huffman Finance Director / Greg Ferguson Town Manager

Subject:          Adopt Bond Resolution

The final item requiring Board action for our bond sale on August 30 is to approve the attached resolution to authorize issuing the bonds.  This resolution has been prepared by our bond counsel Don Ubell. 


ACTION RECOMMENDED: 

Approve Resolution Authorizing the Issuance of $865,000 General Obligation Bonds, Series 2016A; Not to Exceed $3,750,000 General Obligation Refunding Bonds, Series 2016B and $7,810,000 General Obligation Bonds, Series 2016C.

 
 
FINANCIAL IMPLICATIONS:

Future principal and interest

 



ATTACHMENTS:
DescriptionType
Bond ResolutionCover Memo