TO AUTHORIZE THE ISSUANCE OF GENERAL OBLIGATION BONDS, SERIES
2016G, FOR THE PURPOSE OF PROVIDING FUNDS TO PAY FOR CERTAIN
CAPITAL IMPROVEMENTS AND INCIDENTAL EXPENSES IN CONNECTION
THEREWITH AND ON ACCOUNT OF THE ISSUANCE AND SALE OF THE 2016G
BONDS AND APPROPRIATING THE PROCEEDS DERIVED FROM THE SALE OF SUCH BONDS
This Ordinance takes one of the statutory steps necessary to approve the issuance of general obligation bonds by the City of Bloomington under Indiana Code ยง 36-4-6-19 in order to fund the purchase of carts which would allow for semiautomated sanitation service.