File #: 17-263    Version: 1 Name:
Type: Report Action Item Status: Passed
File created: 2/28/2017 In control: Common Council
On agenda: 3/1/2017 Final action: 3/1/2017
Title: Resolution Authorizing that the City of Appleton guarantee the maintenance of an interest reserve account in an amount not less than $1.5 million; provided that the reserve account is initially funded with not less than $2 million from room tax receipts for purposes of financing the Fox Cities Exhibition Center.
Attachments: 1. Resolution for 3-1-17 Council Meeting-FCEC Financing.pdf, 2. FCEC Summary Term Sheet Common Council Resolution 2-28-17a.pdf

Title

Resolution Authorizing that the City of Appleton guarantee the maintenance of an interest reserve account in an amount not less than $1.5 million; provided that the reserve account is initially funded with not less than $2 million from room tax receipts for purposes of financing the Fox Cities Exhibition Center.