HomeMy WebLinkAbout2017-09-12 Finance Committee Minutes
FINANCE COMMITTEE MINUTES
September 12,2017@5:15pm
Councilors in Attendance: Sprague, Faircloth, Nichols, Tremble
Staff in Attendance: Cyr, Conlow
1.Resolution of the Finance Committee Approving the Details of the 2017
Bond Issue
Staff reviewed the activity regarding the City’s bond sale this morning, the City
received 7 bids ranging from 2.25% -2.39%, the sale generated significant
premium so the overall debt issued was reduced by $220,000. Motion made and
seconded to approve the details of the bond issue, motion passed unanimously.