July 27, 2021Asheville City Council
From the minutes, not yet reviewedWhat it does
Directs the application to the local government commission for approval of water system revenue bonds and certain…
- Passed with the routine items, in one vote, without discussion.
- The money, in the minutes' words: “To pay off the Water BAN loan, the City intends to issue long-term, fixed-rate Water Revenue Refunding Bonds in an amount not to exceed $40.5 million in late-September 2021.”
Official title: Resolution directing the application to the local government commission for approval of water system revenue bonds and certain related matters
Carried unanimously, as part of the consent agenda
From the minutes: This motion was seconded by Councilwoman Turner and carried unanimously.
Read the motion as recorded
“RESOLUTION NO. 21-156 - RESOLUTION DIRECTING THE APPLICATION TO THE LOCAL GOVERNMENT COMMISSION FOR APPROVAL OF WATER SYSTEM REVENUE BONDS AND CERTAIN RELATED MATTERS”
Open the minutesConsent agenda, item S