File #: 17-1664    Version: 1 Name:
Type: Report Action Item Status: Passed
File created: 10/18/2017 In control: Finance Committee
On agenda: 11/6/2017 Final action: 11/15/2017
Title: Request to enter into intergovernmental Agreement with Appleton Area School District to borrow short term cash in an amount not to exceed $17,500,000 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, 2018. Interest on the note shall be paid at maturity or redemption.
Attachments: 1. 2017-2018 Mater Note Agreement.pdf, 2. AASD 2017-2018 Bond Council 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 $17,500,000 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, 2018.  Interest on the note shall be paid at maturity or redemption.