Monday, September 28, 2009

(Unoffical) Coatesville City Council Agenda

I received this information concerning the Agenda for tonight’s Coatesville City Council Meeting. This is unofficial and tentative:

Coatesville City Council Agenda:
• Resignation request of Molina
• That 7 million dollar note has been extended but now the interest rate is 8% percent vs. 6%. Now under the current 6% percent note (that was due on 8/15) we used the 4% interest from the Trust Fund to make the total transaction at -2% net. With this new rate were up to -4%
• Walker to ask for 1.5 million in emergency funds
• New ordinance to align RDA and the City more closely.

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