Apr 13, 1978BoardMeeting
BoardShaler Township Water Authority Special Meeting
The meeting addressed the issuance of Guaranteed Water Revenue Refunding Bonds, Series of 1978. Key discussions included the computation of bond issue requirements, the defeasance of the 1976 Series A bonds, and the financial structure of the new bonds. The board also reviewed the Trust Deposit Agreement, the Guaranty Agreement with the Township of Shaler, and the Lease Agreement between the Authority and the Township, including provisions for redemption and sinking fund obligations.