File #: 16-0337    Version: 1 Name: Capital Outlay Note approval
Type: Report Status: Filed
File created: 8/1/2016 In control: City Council
On agenda: 8/11/2016 Final action: 8/11/2016
Title: Acknowledgement of letter from the Comptroller of the Treasury regarding approval for the issuance of three-year capital outlay notes in an amount not to exceed $1,200,000
Sponsors: City Clerk, Finance Department
Attachments: 1. Bond Approval Letter

Title

Acknowledgement of letter from the Comptroller of the Treasury regarding approval for the issuance of three-year capital outlay notes in an amount not to exceed $1,200,000

 

Body

SUMMARY:

The Comptroller’s Office has approved issuance of capital outlay notes in an amount not to exceed $1,200,000 for the radio communications system.  Presentation of this letter to Council is required.

BUDGET ACCOUNT:

 

Recommended Action

NECESSARY COUNCIL ACTION:  Acknowledge receipt of letter.