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CITY of RAPID CITY Agenda Item Summary |
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Meeting Date: 12/31/2013 |
Commission, Board or Committee: Legal & Finance Committee |
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Staff Contact: Pauline Sumption |
PW Committee or L&F Committee: 12/31/2013 |
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Petitioner: N/A |
City Council 1st Reading: 01/06/2014 |
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Location: |
City Council 2nd Reading: |
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Agenda Title: |
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Authorize Finance Officer to Call the Series 2007A Sales Tax Revenue Bond as of March 1, 2014 |
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Summary: |
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The City can pay this bond off on March 1, 2014 instead of waiting until December 1, 2014 and save approximately $104,000 in interest expense |
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Funding Source & Fiscal Impact (if applicable): |
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Vision Fund |
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Recommendation: |
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Action: Authorize Notes: |
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Options: |
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Attachments & Links: |
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