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Committee hears first-reading item on $107 million general obligation bond issuance

5778509 · September 10, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City Treasury staff presented an ordinance to register and levy ad valorem tax for repayment of a proposed General Obligation Bonds Series 2025A; a competitive sale is scheduled and the council will consider award and second reading next week.

Chet Becker of the City of Tulsa Treasury Department explained an ordinance on the agenda that would provide for registration of general obligation bonds and authorize the city to levy an annual ad valorem tax for repayment of principal and interest…

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