City of Cincinnati - File #: 202102128

• File #: 202102128
• Version: 1
• Type: Ordinance
• Status: Passed Emergency
• File created: 6/4/2021
• In control: Cincinnati City Council
• On agenda: 6/23/2021
• Final action: 6/23/2021
• ORD/RES# date: 6/23/2021
• ORD/RES#: 0257-2021
• Title: ORDINANCE (EMERGENCY) submitted by Paula Boggs Muething, City Manager, on 6/16/2021, PROVIDING for the issuance, sale and delivery of (I) not to exceed $70,000,000 of Water System Revenue bonds, Series 2021A, of the City of Cincinnati, County of Hamilton, State of Ohio, for the purpose of financing certain improvements; and (II) not to exceed $190,000,000 of Water System Refunding Revenue bonds, Series 2021B of the City of Cincinnati, County of Hamilton, State of Ohio, for the purpose of refunding outstanding bonds; AUTHORIZING a pledge of and lien on Water System Revenues to secure such bonds and obligations; AUTHORIZING a supplemental trust agreement; and AUTHORIZING necessary documents to secure such bonds.
• Sponsors: City Manager

Date	Ver.	Action By	Action	Result
6/23/2021	1	Cincinnati City Council	Passed Emergency	Pass
6/23/2021	1	Cincinnati City Council	Emergency clause to remain	Pass
6/23/2021	1	Cincinnati City Council	Suspension of the three readings	Pass
6/21/2021	1	Budget and Finance Committee	Recommend Passage Emergency
6/16/2021	1	Cincinnati City Council	Referred to Budget & Finance Committee

title

ORDINANCE (EMERGENCY) submitted by Paula Boggs Muething, City Manager, on 6/16/2021, PROVIDING for the issuance, sale and delivery of (I) not to exceed $70,000,000 of Water System Revenue bonds, Series 2021A, of the City of Cincinnati, County of Hamilton, State of Ohio, for the purpose of financing certain improvements; and (II) not to exceed $190,000,000 of Water System Refunding Revenue bonds, Series 2021B of the City of Cincinnati, County of Hamilton, State of Ohio, for the purpose of refunding outstanding bonds; AUTHORIZING a pledge of and lien on Water System Revenues to secure such bonds and obligations; AUTHORIZING a supplemental trust agreement; and AUTHORIZING necessary documents to secure such bonds.

recommendation

PASS EMERGENCY