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15-947
| 1 | | | Ordinance | Bill 35
AN ORDINANCE OF THE COUNCIL OF THE CITY OF ALLENTOWN, LEHIGH COUNTY, PENNSYLVANIA, AUTHORIZING THE ISSUANCE OF A SPECIAL REVENUE NOTE (THE “NOTE”) IN THE PRINCIPAL AGGREGATE AMOUNT NOT TO EXCEED $2,500,000; SETTING FORTH THE PURPOSE OF THE ISSUANCE OF THE NOTE, TO FUND CERTAIN CAPITAL PROJECTS OF THE CITY OF ALLENTOWN PURSUANT TO THE LOCAL GOVERNMENT UNIT DEBT ACT; DETERMINING THAT THE NOTE SHALL BE SOLD AT PRIVATE SALE; DETERMINING THE PROJECTS AND ESTABLISHING THEIR USEFUL LIFE; DETERMINING THAT THE DEBT EVIDENCED BY THE NOTE SHALL BE NONELECTORAL DEBT; SETTING FORTH THE INTEREST RATES, INTEREST AND PRINCIPAL PAYMENT DATES AND FINAL MATURITY OF THE NOTE AND THE PREPAYMENT PRIVILEGES; ACCEPTING A PROPOSAL FOR THE PURCHASE OF THE NOTE; DESIGNATING A PAYING AGENT FOR THE NOTE; SETTING FORTH THE METHOD AND PLACE OF PAYMENT OF THE NOTE; APPROVING THE FORM OF THE NOTE; AUTHORIZING THE EXECUTION OF THE NOTE; ENTERING INTO A COVENANT WITH RESPECT TO THE NOTE AND PLEDGING PAYMENTS RECEIVED BY THE CITY FROM THE LEHIGH COUNTY AUTHORITY (“LCA”) DERIVED FROM SERVICE CHARGES AL | | |
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15-996
| 1 | | | Resolution | R136 Multi Modal Grant Pedestrian Light Program
Authorizes Submission of an Application to the Pennsylvania Department of Community & Economic Development’s Multimodal Transportation Fund for a Grant of Seven Hundred Thousand ($700,000) for Use in the Upside Allentown Pedestrian Street Lighting Program
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