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City of Decatur issues Refunding Bonds ordinance details
Ordinance No 821 validates outstanding bonds from the City of Decatur including Refunding School Bonds Series B and Refunding Public Improvement Bonds Series C with principal totals, serial numbers, and refunding terms. It authorizes issuance of new Refunding Bonds totaling $1,250,000, bearing 4 percent interest, payable semi annually, and outlines sinking funds and fiscal covenants. It sets redemption options, tax pledges, and securities for the new issue with registrars and paying agents.
MENTIONED IN THIS ARTICLE
Decatur
City of
Albany
Seid
New Decatur
Alabama
Federal Reserve System
Federal Deposit Insurance Corporation
Therm