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Cluster · debt_service · FY 2019
Issuance of General Obligation Improvement Bonds, Series 2019A, for street improvements.
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
2019-06-11 — 2019-06-11
Issuance of General Obligation Improvement Bonds, Series 2019A, for street improvements.
It is necessary and expedient to the sound financial management of the affairs of the City to issue its General Obligation Improvement Bonds, Series 2019A (the "Bonds"), in the approximate aggregate principal amount of $1,250,0000, subject to certain parameters provided herein, to provide financing for the Improvements.
Reasoning: Bond issuance for capital improvements.