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HomeMy WebLinkAboutBill No. 71-23 Sewage Waste Water Bond OrdinanceCounty-City Building 227 W Jefferson Blvd Suite, 1200 N South Bend, IN 46601 Phone Email Website 311 inside City limits 311@southbendin.gov Southbendin.gov James Mueller, Mayor Filed in Clerk's Office October 4, 2023 City of South Bend Department of Administration & Finance Division of Human Resources Ms. Sharon McBride, President City of South Bend Common Council 227 W. Jefferson Boulevard, 4th Floor South Bend, Indiana 46601 RE: Sewage Works (Wastewater) Bond Ordinance Dear President McBride, F,021 ! ... The attached proposed ordinance authorizes the City to issue a bond anticipation note and revenue bonds to fund certain additions and improvements to the municipal Sewage Works system of the City of South Bend. The proposed bonds will be repaid from net revenues of the Sewage Works system and will be issued in one (1) or more series, in an amount not to exceed thirty-six million dollars ($36,000,000). I will present this bill to the Common Council at the appropriate committee and Council meetings. It is requested that this bill be filed for 1st reading on October 9, 2023 with 2nd reading, public hearing and 3rd reading scheduled for October 23, 2023. Thank you for your attention to this request. If you should have any questions, please feel to contact me at 574-235-9822. Regards, Kyle Willis City Controller .. IN BILL NO. 71-23