A resolution accepting the best bid with the lowest net interest cost to the City for purchase of City of Savannah General Obligation Street and Drainage Improvement Bond, Series 2018, in the amount of $2,000,000.

Competitive bids for the bond are scheduled to be received on the afternoon of Monday, November 19, 2018. The bond proceeds will be used to partially fund streetscape improvements to the downtown corridors of Broughton Street, Bay Street and River Street.

An ordinance authorizing this bond issuance will also be considered during the Meeting of November 20, 2018.

Approve