Hampton Township authorizes RFP for $1.5 million tax anticipation note
Council authorized the manager to advertise RFPs for a $1.5 million tax and revenue anticipation note to cover a large debt-service payment in January and directed staff to solicit proposals from multiple financial institutions.
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Hampton Township council on Nov. 19 authorized the manager to advertise requests for proposals for a $1.5 million tax and revenue anticipation note to fund a large debt-service payment due in January. The measure was described by staff as an annual financing exercise and was approved by roll call.
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