RESOLUTION DECLARING THE INTENTION OF THE CITY COUNCIL OF THE CITY OF JACKSON, MISSISSIPPI, TO EITHER ISSUE A SPECIAL OBLIGATION BOND OF THE CITY FOR SALE TO THE MISSISSIPPI DEVELOPMENT BANK OR ENTER INTO A LOAN WITH THE MISSISSIPPI DEVELOPMENT BANK, EACH IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED NINETY MILLION DOLLARS ($90,000,000) TO RAISE MONEY FOR THE PURPOSE OF PAYING THE COSTS OF ROAD AND STREET REPAIR, RECONSTRUCTION AND RESURFACING PROJECTS AND TO PAY THE COSTS OF WATER, SEWER AND DRAINAGE PROJECTS; DIRECTING THE PUBLICATION OF A NOTICE OF SUCH INTENTION; AND FOR RELATED PURPOSES. (ANDERSON, YARBER)
RESOLUTION DECLARING THE INTENTION OF THE CITY COUNCIL OF THE CITY OF JACKSON, MISSISSIPPI, TO EITHER ISSUE A SPECIAL OBLIGATION BOND OF THE CITY FOR SALE TO THE MISSISSIPPI DEVELOPMENT BANK OR ENTER INTO A LOAN WITH THE MISSISSIPPI DEVELOPMENT BANK, EACH IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED NINETY MILLION DOLLARS ($90,000,000) TO RAISE MONEY FOR THE PURPOSE OF PAYING THE COSTS OF ROAD AND STREET REPAIR, RECONSTRUCTION AND RESURFACING PROJECTS AND TO PAY THE COSTS OF WATER, SEWER AND DRAINAGE PROJECTS; DIRECTING THE PUBLICATION OF A NOTICE OF SUCH INTENTION; AND FOR RELATED PURPOSES. (ANDERSON, YARBER)