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2019-101 - Issuance and Sale of Gas Tax Revenue Refunding Bonds
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2019-101 - Issuance and Sale of Gas Tax Revenue Refunding Bonds
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Last modified
11/12/2019 9:59:54 AM
Creation date
11/7/2019 3:09:47 PM
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City Clerk
Doc Type
Resolution
Doc #
2019-101
Date
11/5/2019
Destruction Year
P
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Amount, (c) the actual amortization of the Bonds being different than the amortization <br />assumed for purposes of such estimates, (d) the actual market interest rates at the time <br />of sale of the Bonds being different than those estimated for purposes of such estimates, <br />(e) other market conditions, or (f) alterations in the City's financing plan, or a combination <br />of such factors. The actual date of sale of the Bonds and the actual principal amount of <br />Bonds sold will be determined by the City based on the timing of the need for proceeds <br />of the Bonds and other factors. The actual interest rates borne by the Bonds will depend <br />on market interest rates at the time of sale thereof. The actual amortization of the Bonds <br />will also depend, in part, on market interest rates at the time of sale thereof. Market <br />interest rates are affected by economic and other factors beyond the control of the City. <br />Resolution No. 2019-101 <br />Page 7 of 7 <br />
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