Office of the City Clerk - Record #: SO2015-8870

• Record #: SO2015-8870
• Type: Ordinance
• Status: Passed
• Intro date: 12/9/2015
• Current Controlling Legislative Body: Committee on Finance
• Final action: 1/13/2016
• Title: Issuance of Second Lien Water Revenue Project and Refunding Bonds, Series 2016B
• Sponsors: Emanuel, Rahm

Date	Journal Page Number	Action By	Action	Result
1/21/2016		City Council	Signed by Mayor
1/13/2016	16454	City Council	Passed as Substitute	Pass
1/11/2016		Committee on Finance	Recommended to Pass	Pass
12/9/2015	14598	City Council	Referred

CHICAGO January 13, 2016

To the President and Members of the City Council:

Your Committee on Finance having had under consideration

A communication recommending a proposed ordinance authorizing the issuance of City of Chicago Second Lien Water Revenue Project and Refunding Bonds, Series 2016B.

02015-8870

Amount of Bonds
not to exceed: $200,000,000














Having had the same under advisement, begs leave to report and recommend that your Honorable Body pass the proposed Substitute Ordinance Transmitted Herewith
This recommendation was concurred in by (a (viva voce vote
of members of the committee with dissenting vote(s
Alderman Burke (14) abstains under the provisions of Rule 14.
Respectfully submitted

(signedjjP ^ ^ ^ tyh-*-

Chairman

OFFICE OF THE MAYOR
CITY OF CHICAGO
RAHM EMANUEL
MAYOR
December 9, 2015










TO THE HONORABLE, THE CITY COUNCIL OF THE CITY OF CHICAGO


Ladies and Gentlemen:

At the request of the Chief Financial Officer and the Commissioner of Water Management, I transmit herewith ordinances authorizing the issuance of Water Revenue Bonds.

Your favorable consideration of these ordinances will be appreciated.

Mayor

Very truly yours,
SUSBSTITUTE ORDINANCE AUTHORIZING THE ISSUANCE OF SECOND LIEN WATER REVENUE PROJECT AND REFUNDING BONDS, SERIES 2016B IN AN AMOUNT NOT TO EXCEED $200,000,000
Table of Contents

PART A INTRODUCTION
ARTICLE I AUTHORITY AND FINDINGS
Section 1.01. ' Authority|9
10|Section 1.02. Findings|9
10|
PART B
DEFINITIONS; 2016B SECOND LIEN BONDS; WATER FUND AND ACCOUNTS
ARTICLE I DEFINITIONS
Section 1.01. Definitions|910|ARTICLE II
DETAILS OF THE 2016B SECOND LIEN BONDS
Section 2.01. Principal Amount, Designation, Sources of Payment 16
Section 2.02. Purposes 17
Section 2.03. Approval of Tenth Supplemental Indenture and Additional
Supplemental Indentures for the 2016B Second Lien Bonds, Bond
Provisions 17
Section 2.04. Sale of 2016B Second Lien Bonds 19
Section 2.05. A...