notes are to be used for short term cash flow management
Matters
A resolution expressing the Metropolitan Government’s intent to issue revenue bonds, notes, and/or other obligations in an aggregate principal amount not to exceed $140,000,000, as requested by the Electric Power Board.
This resolution expresses the Metropolitan Government of Nashville's intent to issue revenue bonds, notes, or other obligations up to $140,000,000 as requested by the Electric Power Board. The purpose is to provide funding through these financial instruments to support the Electric Power Board's projects or operations. The resolution has passed the Metropolitan Council and related committees.
A resolution requesting a mid-year budget update from the Department of Finance and the Mayor’s Office.
This resolution requests a mid-year budget update from the Department of Finance and the Mayor’s Office. It aims to provide the Metropolitan Council with updated financial information to assist in budget oversight and planning.
Resolution authorizing the issuance, sale and payment of federally taxable general obligation refunding bonds in an approximate principal amount of $61,000,000; and providing for the levy of ad valorem taxes for the payment of debt service on the bonds
This resolution authorizes the issuance and sale of federally taxable general obligation refunding bonds totaling approximately $61,000,000. It also provides for the levy of ad valorem taxes to pay the debt service on these bonds.