"debt reduction"
2 agenda items mention this keyword
Authorize the treasurer to include a provision in future loan bylaws allowing the application of any grants or contributions to reduce the authorized debt
This item allows the treasurer to include a clause in loan bylaws that permits the city to use any future grants or contributions received for these projects to pay down the debt incurred by the loans.
budgetgovernance
Authorize the treasurer to use available cash funding from Bloc D to cover project expenses, thereby reducing the loan-financed portion
This item authorizes the treasurer to use available cash from the Bloc D budget to pay for project costs, which reduces the amount the city needs to borrow.
budgetgovernance