CITY AND BOROUGH OF SITKA - File #: ORD 18-45

• File #: ORD 18-45
• Version: 1
• Type: Ordinance
• Status: PASSED
• File created: 9/6/2018
• In control: City and Borough Assembly
• On agenda: 9/25/2018
• Final action: 9/25/2018
• Title: Authorizing the issuance of an airport terminal revenue bond in a principal amount not to exceed $4,500,000 to finance the cost of certain capital improvements to the terminal building at the Sitka Rocky Gutierrez Airport; authorizing the sale of the bond to the Alaska Municipal Bond Bank on the terms and conditions provided in this ordinance and in a loan agreement authorized to be entered into with the Bond Bank; providing for the date, terms, and covenants of the bond; and providing the terms and conditions for issuing additional revenue bonds on a parity with the bond authorized by this ordinance (second and final reading)

Date	Ver.	Action By	Action	Result
9/25/2018	1	City and Borough Assembly	PASSED ON SECOND READING	Pass
9/11/2018	1	City and Borough Assembly	PASSED ON FIRST READING	Pass

title

Authorizing the issuance of an airport terminal revenue bond in a principal amount not to exceed $4,500,000 to finance the cost of certain capital improvements to the terminal building at the Sitka Rocky Gutierrez Airport; authorizing the sale of the bond to the Alaska Municipal Bond Bank on the terms and conditions provided in this ordinance and in a loan agreement authorized to be entered into with the Bond Bank; providing for the date, terms, and covenants of the bond; and providing the terms and conditions for issuing additional revenue bonds on a parity with the bond authorized by this ordinance (second and final reading)