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Sidney Nebraska ordinance reaffirms refunding bonds and exchange terms
The 1949 ordinance reenters and harmonizes sections of Ordinances 305 308 and 347 for the Refunding Electric System Revenue Bonds totaling 750000 dollars. It sets priority rules for redemptions notes limitations on early redemption and consents to exchange bonds with Kirkpatrick Pettis Company Omaha Nebraska. It also states contract protections for bondholders and authorizes sale of un surrendered bonds at par with proceeds held for debt service.
MENTIONED IN THIS ARTICLE
City of
Sidney
Kirkpatrick Pettis Company
Omaha
Nebraska
Cheyenne County
State of
United States OF America
Cheyenne
Electric System