Board Bill Number 16 Votes In Session 2020-2021

Short Term Notes

Board Bill

The Notes will assist the City in financing, in part, the City’s cash flow requirements during the fiscal year ending June 30, 2021, to allow the City to cover periods of temporary cash flow deficits resulting from an uneven flow of revenues. The bill will authorize the City to issue short term notes to address cash flows issues. The main components of the bill. This includes an overview of its significant provisions and/or sections? An Ordinance to provide for the borrowing of funds in anticipation of the collection of tax payments levied by the City for deposit in its General Revenue Fund for the calendar year ending December 31, 2020, and remaining uncollected and other revenues remaining to be collected and deposited in the General Revenue Fund for fiscal year ending June 30, 2021, all such revenues for the General Revenue Fund in the Treasury of the City through the issuance by the City of its Tax and Revenue Anticipation Notes, and the acquiring of credit enhancement, if necessary, in order to lower the cost of such borrowing; prescribing the form and details of such Notes; authorizing and approving certain documents and other actions; and containing an emergency clause. Proceeds of the Notes will allow the City to fund necessary operating costs incurred and due prior to the collection of certain revenues of the City.

View Board Bill 16 details

06/05/2020 Final Passage Vote Results

This board bill was part of a consent vote along with BB 8, BB 10, BB 16

Aye 25
No 0
Final Passage Vote
Ward Alderman Position
1 Sharon Tyus Aye
2 Lisa Middlebrook Aye
3 Brandon Bosley Aye
5 Tammika Hubbard Aye
6 Christine Ingrassia Aye
7 Jack Coatar Aye
8 Annie Rice Aye
9 Dan Guenther Aye
10 Joseph Vollmer Aye
11 Sarah Martin Aye
13 Beth Murphy Aye
14 Carol Howard Aye
15 Megan E Green Aye
16 Tom Oldenburg Aye
17 Joseph D Roddy Aye
18 Jesse Todd Aye
19 Marlene E Davis Aye
20 Cara Spencer Aye
22 Jeffrey L Boyd Aye
23 Joseph Vaccaro Aye
24 Bret Narayan Aye
25 Shane Cohn Aye
26 Shameem Clark Hubbard Aye
28 Heather Navarro Aye
President Lewis E Reed Aye
21 John Collins-Muhammad Absent
27 Pamela Boyd Absent

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