DATE: April 16, 2015
TO: Board of Mayor and Aldermen
FROM: Eric Stuckey, City Administrator
SUBJECT:
title
Acknowledgment of Receipt of State Form CT-0235
body
Purpose
The purpose of this memo is to provide information to the Franklin Board of Mayor and Aldermen (BOMA) concerning the recent closing on the 2015 General Obligation Bonds
Background
The City of Franklin issued General Obligation bonds in the amount of $15 million on April 16, 2015. The State requires completion of Form CT-0235. The State also requires that the completed form be acknowledged by the Board of Mayor and Aldermen at the first meeting following completion of the bond issue. No action is required on the part of the Board.