Title:
|
Authorizing the issuance of a harbor facilities revenue bond in a principal amount not to exceed $8,600,000 to finance a portion of the cost of certain capital improvements to Sitka’s harbor facilities; 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 amending a provision of Ordinance No. 2013-01 (second and final reading)
|