City Council Meeting
City Council Meeting
9 items Mon, May 13, 2024 at 6:30pm
 Approved
∙ Approved 8-0
∙ Agenda item 9 of 9
Item No. 8 - MOTION - payment to Bank of Oklahoma
On May 2, 2017, the City closed on Series 2017A Sales and Use Tax Revenue Bonds in the par amount of $30,595,000 with a net premium of $2,687,079 for a total of $33,282,079. The City’s first interest payment for 2024 is due June 1 in the amount of $249,900 and the principal and second interest payment is due December 1 in the amount of $3,249,900. Funds to cover the 2024 payments are budgeted in the 2024 2E Bond Fund budget.

Files

Item No. 8 - MOTION - payment to Bank of Oklahoma ( 0.34 MB )
Public Comments
Commenting on this item has ended.
Online comments closed at 12:00 PM MDT 5/13/24.
No comments were received.