Item Coversheet

  Town of Huntersville
REQUEST FOR BOARD ACTION
11/2/2015

REVIEWED:

To:                  The Honorable Mayor and Board of Commissioners

From:              Janet Stoner/Greg Ferguson

Subject:          Reimbursement Resolution


Approve the attached Reimbursement Resolution.  This resolution will allow the Finance Director to reimburse the General Fund for Capital Expenditures, as described in the resolution, incurred prior to the issuance of General Obligation Bonds as described in the resolution.


ACTION RECOMMENDED: 

Approve Resolution.

 
 
FINANCIAL IMPLICATIONS:

Consistent with the Bond Program, this Reimbursement Resolution is needed due to staggered timing of projects.

 



ATTACHMENTS:
DescriptionType
Reimbursement Resolution-Main StreetBackup Material