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An issue SourceLine follows · newark

Approving the sale of refunding notes, Series 2026B (State Loan Repayment), to finance $30,100,000.00, with the purchaser being the open market

Approving the sale of refunding notes, Series 2026B (State Loan Repayment)

Official wording

Approving the sale of refunding notes, Series 2026B (State Loan Repayment), to finance $30,100,000.00, with the purchaser being the open market

Weigh inWhere you stand, and why, goes to your representatives
1votes on the record on this issue
9members of Newark Municipal Council decide thisWho decides
OpenNo vote date is set yetWeigh in now
The latest recorded vote on this issue, March 4, 2026
Yes9
No0

Official record of Newark Municipal Council.

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More on this issue

CityNewark Municipal CouncilPassed Mar 4

Who decides this

Whole board: passed 9 to 0, Mar 4

Decided, Mar 4: The council voted 9 to 0 on the finance. Purpose: Approving Form of Sale of City-Secured Bonds Amount to be Financed: $30,100,000.00 Source of Appropriation: Bonds/Notes Purchaser: Open Market Project Information: (Description/ Project No./ Amount Appropriated/Ordinance No.) RESOLUTION OF THE CITY OF NEWARK, IN THE COUNTY OF ESSEX, STATE OF NEW JERSEY (THE “CITY”) AUTHORIZING AND APPROVING (A) THE SALE AND ISSUANCE OF REFUNDING NOTES, SERIES 2026B (STATE LOAN REPAYMENT) (FEDERALLY TAXABLE) OF THE CITY, (B) THE PREPARATION AND DISTRIBUTION OF A PRELIMINARY OFFICIAL STATEMENT AND FINAL OFFICIAL STATEMENT IN CONNECTION THEREWITH, (C) THE ENTERIN. It passed.

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