File #: ID 17-172    Version: 1 Name: Bond Issurance (Radios)
Type: PH-Action Item Status: Agenda Ready
File created: 8/14/2017 In control: City Council
On agenda: 8/22/2017 Final action:
Title: Consider the issuance and award of up to $2.6 million in general obligation bonds to finance the purchase of radios
Attachments: 1. Memorandum, 2. Bond Resolution, 3. Public Hearing Notice

Subject:

Title

Consider the issuance and award of up to $2.6 million in general obligation bonds to finance the purchase of radios

body

Presented By:  City Staff

 

Recommendation and Review

The city is required by the Code of Virginia to hold a public hearing in advance of the issuance of debt. The proceeds from this issuance will be used to fund the purchase of handheld radios for the city/county radio system. The public hearing was advertised in the Daily News-Record on August 8, 2017 and August 15, 2017.