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ORDINANCE NO - City of Rock Island Illinois

ORDINANCE NO - City of Rock Island Illinois 2026

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The document is an ordinance from the City of Rock Island, Illinois, authorizing the issuance of $3,480,000 in General Obligation Bonds (Series 2008A) and $2,640,000 in General Obligation Bonds (Series 2008B). The funds are designated for various public projects including the expansion of the King Center, financial software acquisition, local street improvements, and a hydroelectric project. It outlines the terms of the bonds, payment provisions, tax levies to cover interest and principal payments, and establishes special accounts for managing the bond proceeds.

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