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f <br />» ^ <br />MINOTES Ot THE MEETING <br />OF THE HOOSING AND REDEVELOP;*^ NT AUTHORITY OF ORONO <br />HELD ON OCTOBER 14, 1991 <br />ROLL <br />The HR. conmittee .et on^^the^above <br />J®™DUnn ^GoVtten, Edwar/cal lahan, Charles Kelley, Ron lloorse and <br />Barrett. Chairpersr ■ Jabbour called the meeting to order at <br />7:22 p-m. <br />Chairpecson Jabbour noted the reason for the meeting was to call <br />foVlhe s^le of the bonds regarding the C i ty f ac i 1 x 11 es. He <br />nnhiad a resolution has been drafted by the Bon^^ Counsel, <br />asked that proposals for bonds be returned by November 12, 1991. <br />ca 1 lahan noted that the repayment scnedii le on ^tbe ^bo»om of^ _the <br />L%%“Vayi.en/to^%'-arL"\^=e year^Bol and a recall provision <br />set at 8 years. <br />Goetten noted that if passed, I • %^n‘"^ ^of the resolution with all appropriate blanks fi^xt.d in. <br />Chairperson Jabbour noted that on November 12th the City will <br />interest cost, or reject all of the bids. <br />Callahan reiterated that notice of this will be published in the <br />official newspaper. <br />It was moved by Callahan, seconded by ^ <br />Resolution 191-1, calling for the sale of bonds to finance the <br />new City Hall facilities. Passed unanimously. <br />Chairperson Jabbour adjourned the meeting at 7:27 p.m. <br />U-