For Immediate Release
Date: April 15, 2014

Notice is hereby given that there will be a Special Meeting of the Savannah City Council at 11:00 a.m. on Thursday, April 17, 2014 in the Council Chambers, second floor of the Savannah City Hall.

The agenda is as follows:
The acceptance and adoption of a Resolution Authorizing the Issuance of Water and Sewer Revenue Bonds, Series 2014.

A resolution to authorize the issuance of approximately $17,100,000 in Series 2014 Water and Sewer Revenue Bonds for the purpose of refinancing the currently outstanding Water and Sewer Series 2003 Bonds and to refinance a portion of the currently outstanding Water and Sewer Series 2009B Bonds at lower interest rates to achieve debt service savings for the City. Competitive bids for the bonds are schedule be received on the morning of Thursday, April 17th. The exact amount of the bonds to be issued is subject to adjustment +/- 5% based on the amount of premium that may be offered by the best bid received on April 17th and will be reported to Council at the meeting. Recommend Approval.

For more information, contact Dyanne C. Reese, Clerk of Council at 651-6441.