File #: 202101697    Version: 1
Type: Ordinance Status: Passed Emergency
File created: 5/10/2021 In control: Cincinnati City Council
On agenda: 5/19/2021 Final action: 5/19/2021
ORD/RES# date: 5/19/2021 ORD/RES#: 0176-2021
Title: ORDINANCE (EMERGENCY) submitted by Paula Boggs Muething, City Manager, on 5/12/2021, PROVIDING for the issuance, sale and delivery of not to exceed $6,250,000 of judgement bonds, or notes in anticipation thereof, of the City of Cincinnati, County of Hamilton, State of Ohio, for the purpose of paying a final judgment and costs associated therewith; AUTHORIZING a pledge of the City's faith and credit or a pledge of and lien on certain revenues and other city resources, as appropriate, to secure such bonds or notes; and AUTHORIZING necessary documents to secure such bonds or notes.
Sponsors: City Manager
Attachments: 1. Transmittal, 2. Ordinance, 3. 176-2021 T, 4. 176-2021

title

ORDINANCE (EMERGENCY) submitted by Paula Boggs Muething, City Manager, on 5/12/2021, PROVIDING for the issuance, sale and delivery of not to exceed $6,250,000 of judgement bonds, or notes in anticipation thereof, of the City of Cincinnati, County of Hamilton, State of Ohio, for the purpose of paying a final judgment and costs associated therewith; AUTHORIZING a pledge of the City’s faith and credit or a pledge of and lien on certain revenues and other city resources, as appropriate, to secure such bonds or notes; and AUTHORIZING necessary documents to secure such bonds or notes.

recommendation

PASS EMERGENCY