This ordinance authorizes the City of Columbus to issue unlimited tax general obligation bonds up to $682,395,000 to refund certain outstanding general obligation bonds. The legislation aims to provide funds for bond refunding and declares an emergency to expedite its effect.
To authorize the issuance of unlimited tax general obligation bonds, in one or more series, in an amount not to exceed $682,395,000.00 for the purpose of providing funds to refund certain outstanding general obligation bonds of the City; and to declare an emergency. ($682,395,000.00)
What it does
- 1Authorization to issue unlimited tax general obligation bonds in one or more series
- 2Maximum bond issuance amount set at $682,395,000
- 3Purpose of bond issuance is to refund certain outstanding general obligation bonds
- 4Declaration of emergency to allow immediate effect
This ordinance authorizes the City of Columbus to issue unlimited tax general obligation bonds up to $682,395,000 to refund certain outstanding general obligation bonds. The legislation aims to provide funds for bond refunding and declares an emergency to expedite its effect.
Activity timeline
- Status changedImpact 50
2875-2026: Council Office for Signature → Passed
- Status changedImpact 30
2875-2026: Second Reading → Council Office for Signature
- ActionImpact 15
2875-2026 introduced (Ordinance)
Legislative history
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