Req.#13443
ORDINANCE NO- 2 812 ri
1 ANORDINANCEoftheCityofTacoma,Washington,providingfortheissuanceof
2 limited tax general obligation refunding bonds of the City in the aggregate
principal amount of not to exceed $45,630,000 to refund or defease certain
3 outstanding limited tax general obligation bonds and to pay costs of issuing
the bonds; providing the form and terms of the bonds; and delegating the
4 authority to approve the final terms of the bonds.
5 WHEREAS the City of Tacoma, Washington (the "City") has outstanding its
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Limited Tax General Obligation Refunding Bonds, 2001, dated July 15, 2001, and
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8 issued pursuant to Ordinance No. 26824, passed by the City Council (the "Council")
9 on June 26, 2001, and Substitute Resolution No. 35205 adopted on July 10, 2001
10 (together, the "2001 Bond Ordinance"), which remain outstanding as follows:
1 1 Maturity Date
12 (December 1) Principal Amount Interest Rate
13 2013 $ 540,000 4.625%
2014 565,000 4.750
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(the "2001 Bonds"), and
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16 WHEREAS the 2001 Bond Ordinance provides that the City may call the
17 2001 Bonds maturing on or after December 1, 2012 (the "2001 Refunding
18 Candidates") for redemption on or after December 1, 201 1, in whole or in part on
19 any date, at a price of par plus accrued interest, if any, to the date of redemption,
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and
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22 WHEREAS the City has outstanding its Limited Tax General Obligation
23 Bonds, 2004, dated August 5, 2004, and issued pursuant to Substitute Ordinance
24 No. 27249, passed by the Council on June 29, 2004, and Resolution No. 36260,
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Ord13441doc-DEC/bn
adopted on July 27, 2004 (together, the "2004 Bond Ordinance"), which remain
o...
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