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April 8, 2014To:Mayor Erich and City Councilor:David Fierce, City ManagerSubject:Capital Improvement Plan Series 2014 G.O. Conduction:Resolution Awarding General Obligation Corporate Purpose Bonds,

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How to fill out resolution awarding general obligation

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Start by identifying the purpose of the resolution awarding general obligation.

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Clearly outline the details of the general obligation being awarded in the resolution.

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Include any relevant background information or context for the obligation being awarded.

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Who needs resolution awarding general obligation?

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Government agencies or departments responsible for awarding general obligations.

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What is resolution awarding general obligation?

A resolution awarding general obligation is a formal document that provides authorization for the issuance of general obligation bonds. These bonds are secured by the taxing power of the issuing authority, typically a government entity.

Who is required to file resolution awarding general obligation?

Public entities such as municipalities, counties, or other government bodies that wish to issue general obligation bonds are required to file a resolution awarding general obligation.

How to fill out resolution awarding general obligation?

To fill out a resolution awarding general obligation, the issuing authority should include details such as the bond amount, purpose of the issuance, tax levy information, and the specific legal authority under which the bonds are being issued. It often requires approval from governing boards.

What is the purpose of resolution awarding general obligation?

The purpose of the resolution awarding general obligation is to officially authorize the issuance of bonds, outline the terms of the issuance, and communicate the intent to repay the bonds from general tax revenues.

What information must be reported on resolution awarding general obligation?

Required information typically includes the bond series number, description of the projects being financed, the maximum principal amount, interest rates, repayment schedule, and the source of repayment.

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