File #: 16-1621    Version: 1 Name:
Type: Report Action Item Status: Passed
File created: 10/18/2016 In control: Finance Committee
On agenda: 10/25/2016 Final action: 11/2/2016
Title: Request to enter into intergovernmental Agreement with Appleton Area School District to borrow short term cash in an amount not to exceed $14,500,000 from time to time as needed. The note shall be dated as of date of issuance, shall bear interest at the rate of 2% above the average Federal Funds rate from its dated date until paid; and shall mature no later than June 30, 2017. Interest on the note shall be paid at maturity or redemption.
Attachments: 1. 2016-2017 Master Note Agreement.pdf, 2. AASD 2016-2017 Bond Councel letter.pdf

Title

Request to enter into intergovernmental Agreement with Appleton Area School District to borrow short term cash in an amount not to exceed $14,500,000 from time to time as needed.  The note shall be dated as of date of issuance, shall bear interest at the rate of 2% above the average Federal Funds rate from its dated date until paid; and shall mature no later than June 30, 2017.  Interest on the note shall be paid at maturity or redemption.