Title
An Act concerning the issuance and sale of General Obligation Stormwater Management Bonds in an amount not to exceed $2,418,000
Background
This bill provides the authority to issue and sell bonds in an amount not to exceed $2,418,000 for stormwater management projects and reflects the amount programmed in the FY2005 Capital Budget. Revenue from the Stormwater Management Enterprise Fund will support the interest and principal payments on the bonds issued and sold pursuant to the legislation.