File #: 18-1636    Version: 1 Name:
Type: Report Action Item Status: Reported from Committee
File created: 11/1/2018 In control: Finance Committee
On agenda: 11/7/2018 Final action: 11/7/2018
Title: *CRITICAL TIMING* 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, 2019. Interest on the note shall be paid at maturity or redemption.
Attachments: 1. AASD Memo.pdf, 2. AASD Note.pdf

Title

*CRITICAL TIMING*   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, 2019.  Interest on the note shall be paid at maturity or redemption.