The Fondulac Park Board Meeting on 1/16/24
Action Item: Discussion & Approval of the Treasurer’s Report Action Item: Discussion & Approval of the Bills between Meetings & Bills to be Paid Action Item: Discussion & Approval Financial Report/Working Budget Action Item: Discussion & Approval Helping Hands Cash Reports
an Ordinance providing for the issue of $1,225,000 General Obligation Limited Tax Park Bonds, Series 2024, of the Park District, for the payment of land condemned or purchased for parks, for the building, maintaining, improving and protecting of the same and the existing land and facilities of the Park District, to provide the revenue source for the payment of certain outstanding bonds of the Park District and for the payment of the expenses incident thereto, authorizing and directing the execution of an Escrow Agreement in connection with the issue of said bonds, providing for the levy of a direct annual tax to pay the principal and interest on said bonds, and authorizing the sale of said bonds to Morton
abating the 2023 Levy pertaining to the $1,300,000.00 General Obligation Park Bonds, Series 2017 (Alternate Revenue Source), and abating the 2023 Levy pertaining to the $2,440,000.00 General Obligation Refunding Park Bonds, Series 2021A (Alternate Revenue Source)