Title:
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An Act concerning the issuance and sale of General Obligation Bonds to finance the Waste Transfer Station capital project in an amount not to exceed Nineteen Million Six Hundred Seventy-Five Thousand Dollars ($19,675,000)
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Title
An Act concerning the issuance and sale of General Obligation Bonds to finance the Waste Transfer Station capital project in an amount not to exceed Nineteen Million Six Hundred Seventy-Five Thousand Dollars ($19,675,000)
Background
This Bill provides the authority to issue and sell up to $19,675,000 in general obligation bonds to finance the Waste Transfer Station capital project in the FY 2010 Capital Budget, as amended, general obligation bond anticipation notes in anticipation of any such bond, and general obligation refunding bonds. The fiscal impact on the County for any bonds or bond anticipation notes will be negative to the extent of the debt service obligation incurred by the County when the bonds or notes are sold; the fiscal impact on the County for any refunding bonds should be positive when such refunding bonds are sold.