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Title:
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Stating the intent of the City Council to finance the streetcar system expansion project in an amount not to exceed $185,000,000.00; establishing Fund No. 3440, the Special Obligation Series 2020B Fund; estimating revenue and appropriating $9,100,000.00 in Fund 3440, the Special Obligation Series 2020B Fund; authorizing certain streetcar-related agreements; approving a plan of finance for the streetcar expansion; designating requisitioning authorities; authorizing the Director of Finance to close project accounts upon completion; declaring the intent of the City to reimburse itself from the bond proceeds for certain expenditures; and recognizing this ordinance as having an accelerated effective date.
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