HomeMy WebLinkAbout98-66 Resolution No. 98-66
RESOLUTION
AUTHORIZING THE NEGOTIATED SALE FOR $7, 650,000
GENERAL OBLIGATION CORPORATE PURPOSE BONDS, SERIES 1998A
AND UP TO $41, 045 MILLION IN REFUNDING BONDS
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN,
ILLINOIS, that Speer Financial, Inc . be and is hereby
authorized to solicit sealed bids for $7,650, 000 General
Obligation Corporate Purpose Bonds, Series 1998A, for the
objects and purposes described in Exhibit A, and up to $41 . 045
million in refunding bonds, for the objects and purposes
described in Exhibit A, a copy of which is attached hereto and
made a part hereof by reference.
•
Kevin Kelly, Mayo
Presented: March 11, 1998
Adopted: March 11, 1998
Vote: Yeas 7 Nays 0
Attest :
6411—,4K. 17-C-04"--)/----
Dolonna Mecum, City Clerk