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Kankakee Times

Friday, April 26, 2024

Kankakee Valley Park District Board of Commissioners met February 14

Meeting 06

Kankakee Valley Park District Board of Commissioners met Feb. 14.

Here is the agenda provided by the board:

I.Call To Order – Roll Call- Declaration Of Quorum

Ii.Communication

Iii.New Business

A.Approval of low bid by McHenry Savings Bank, McHenry, Illinois for the $280,000 General Obligation Limited Tax Park Bonds, Series 2019A at an interest rate of 3.7998% interest. (Action)

B.Ordinance #1.86 (Action)

An Ordinance providing for the issue of $280,000 General Obligation Limited Tax Park Bonds, Series 2019A, for park purposes and for the payment of the expenses incident thereto, providing for the levy of a direct annual tax to pay the principal and the interest on said bonds, authorizing the execution and delivery of a tax escrow agreement in connection with said bonds and authorizing the sale of said bonds to McHenry Savings Bank.

Iv.Adjourn Meeting

http://www.kvpd.com/info/minutes-agendas

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