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Cluster · debt_service · FY 2021
General Obligation Bonds, Series 2021A, to finance street improvements and municipal equipment.
Not promoted to the official baseline.
This cluster is useful evidence for review. It does not drive the budget simulator until an admin confirms the amount against an official source and promotes it.
Corroboration
1docs
Consensus
0%
Votes attached
0
Date range
2021-08-10 — 2021-08-10
General Obligation Bonds, Series 2021A, to finance street improvements and municipal equipment.
WHEREAS, the City Council of the City of Nowthen, Minnesota has heretofore determined that it is necessary and expedient to issue the City's $2,830,000 General Obligation Bonds, Series 2021A (the "Bonds"), to finance four street improvement projects and the acquisition of municipal equipment in the City;
Reasoning: Bond issuance for capital projects.