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BY THE RECORDASHEVILLE

Budget and taxesFrom the minutes, not yet reviewed

Council adopted a resolution for the issuance of City of Asheville, N.C. General Obligation Refunding Bonds, Series…

January 14, 2020Asheville City Council

From the minutes, not yet reviewed

Council adopts a resolution for the issuance of City of Asheville, N.C. General Obligation Refunding Bonds, Series 2020A, and City of Asheville, N.C., taxable General Obligation Refunding Bonds, Series 2020B.

Council voted to adopt a resolution for the issuance of City of Asheville, N.C. General Obligation Refunding Bonds, Series 2020A, and City of Asheville, N.C., taxable General Obligation Refunding Bonds, Series 2020B.

  • Passed. Everyone present voted yes.
What that means
Bonds:
Bonds are loans the City pays back over many years, with interest.

Official title: Council adopted a resolution for the issuance of City of Asheville, N.C. General Obligation Refunding Bonds, Series 2020A, and City of Asheville, N.C., taxable General Obligation Refunding Bonds, Series 2020B

Carried unanimously

From the minutes: This motion was seconded by Councilman Young and carried unanimously.

Read the motion as recorded

“Councilwoman Smith moved for the adoption of a resolution for the issuance of City of Asheville, N.C. General Obligation Refunding Bonds, Series 2020A, and City of Asheville, N.C., taxable General Obligation Refunding Bonds, Series 2020B.”

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