Ordinance Providing for the Issuance of $7,720,000 General Obligation Refunding Bonds of the City of Elgin, Kane and Cook Counties, Illinois, For the Purpose of Refunding Certain Outstanding Bonds of

Staff Report & Agenda Item Details

5. Ordinance Providing for the Issuance of $7,720,000 General Obligation Refunding Bonds of the City of Elgin, Kane and Cook Counties, Illinois, For the Purpose of Refunding Certain Outstanding Bonds of said City, Providing for the Levy and Collection of a Direct Annual Tax Sufficient To Pay the Principal and Interest on Said Bonds, Authorizing the Execution of an Escrow Agreement in Connection with the Issue of Said Bonds, and Authorizing the Sale of Said Bonds to the Purchaser thereof