Document Archive

Title:Ordinance 2024-42
Date Prepared:December 16, 2024
Version:Final
Copy of Record:Yes
Department:Assembly
Project:Adopted Legislation
Project Category:Ordinance
Physical Location of the Document:CBJ Vault
Electronic Version:Ord2024-42-Approving-Refinancings-by-AK-Municipal-Bond-Banks-various-GO-Bonds-Final-signed.pdf
Comments/Summary:

Ordinance 2024-42 - An Ordinance approving the City and Borough’s participation in proposed refinancings by the Alaska Municipal Bond Bank of the Bond Bank’s various General Obligation Bonds that provided funds to purchase various revenue bonds of the City and Borough, under loan agreements between the City and Borough and the Bond Bank; and authorizing revised schedules of principal and interest payments on the City and Borough’s bonds, in accordance with the loan agreements, if the Bond Bank successfully refinances its bonds.