Borough of Pottstown, PA
Montgomery County
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Table of Contents
Table of Contents

§ 101 Bond Issues and Loans.

Ord./Res.
Date
Subject
6/7/1913
Providing for the issuance of bonds in the amount of $100,000 for the construction of a sewerage system and sewage disposal plant.
9/7/1922
Signifying the desire of the corporate authorities of the Borough to increase the indebtedness in the amount of $200,000 for completion and installation of sanitary sewers.
3/7/1923A
Increasing the bonded indebtedness of the Borough in the amount of $200,000 for completion and installation of sanitary sewers.
2/6/1924
Increasing the bonded indebtedness of the Borough in the amount of $80,000 for the purpose of erecting a new Borough Hall.
6/10/1927A
Increasing the bonded indebtedness of the Borough in the amount of $50,000 for the paving of streets.
9/3/1930
Increasing the indebtedness of the Borough in the amount of $500,000 for the construction of a sewage disposal system.
2/5/1931
Providing for the issuance of bonds and increasing the indebtedness in the amount of $500,000 for the construction of a sewage disposal system.
1/5/1937
Increasing the indebtedness of the Borough in the amount of $50,000 for the street and sewer improvements and the installation of a police and fire signal call system.
Res. 10/4/1940
Increasing the indebtedness of the Borough in the amount of $50,000 for improvement of the sewer system.
12/4/1940B
Increasing the indebtedness of the Borough in the amount of $50,000 for improvement of the sewer system.
3/2/1943
Authorizing the issuance of general obligation bonds in the amount of $21,000 for the purchasing of fire apparatus.
7/23/1947
Authorizing the issuance of general obligation bonds in the amount of $1,500,000 for the acquisition of the property and assets of the Pottstown Gas and Water Company.
7/23/1947A
Authorizing the issuance of general obligation bonds in the amount of $45,000 for improvements to the Borough fire alarm system.
8/24/1948
Authorizing the issuance of general obligation bonds in the amount of $150,000 for the construction of sewers.
5/9/1949
Authorizing the issuance of general obligation bonds in the amount of $100,000 for improving the Borough streets.
10/10/1951
Increasing the indebtedness of the Borough in the amount of $450,000 for improving the streets of the Borough.
10/10/1951A
Earmarking and allocating the anticipated $450,000 bond issue proceeds which were to be used only for permanent construction or paving of streets.
9/8/1952
Increasing the indebtedness of the Borough in the amount of $750,000 for improving the streets of the Borough.
10/14/1952A
Establishing the plan and policy of application and use of the proposed $750,000 bond issue proceeds in improvement of streets.
4/8/1953
Authorizing the issuance of general obligation bonds in the amount of $100,000 for street improvements.
6/11/1953C
Authorizing installment payments and establishing interest rate on liens and assessments for street paving.
2/8/1954
Increasing the indebtedness of the Borough in the amount of $400,000 for water plant and water distribution system improvements.
6/24/1954
Authorizing the issuance of general obligation bonds in the amount of $400,000 for water plant and water distribution system improvements.
3/14/1956A
Increasing the indebtedness in the amount of $350,000 for the purpose of street improvements.
4/16/1956
Establishing the plan and policy of application and use of the proposed $350,000 bond issue proceeds in the use of street improvements.
6/12/1956
Authorizing the issuance of general obligation bonds in the amount of $350,000 for street improvements.
10/9/1956
Authorizing the issuance of general obligation bonds in the amount of $25,000 for the purchase of a fire department truck and the making of certain improvements to certain Borough property.
7/15/1959B
Authorizing the issuance of general obligation bonds in the amount of $155,000 for fire ladder truck, improvements to Memorial Park, purchase of a heating unit in Borough Hall, improvements to Trinity Parking Lot, construction of a truckport, purchase of a street sweeper and airport improvements.
1/13/1964
Directing transfer of the balance of $27,624.04 from the 1953 Street Improvement Bond Fund to the 1956 Electoral Street Improvement Bond Fund.
1/13/1964A
Directing transfer of the balance of $925.38 from the 1959 General Improvement Bond Fund to the Airport Improvement Fund.
1290
4/17/1973
Increasing the non-electoral debt of the Borough in the amount of $618,184 for financing of unfunded debt.
1346
12/3/1975
Increasing the non-electoral debt of the Borough in the amount of $775,000 for the reconstruction and replacement of the Glasgow Street-Manatawny Creek Bridge.
1349
12/22/1975
Amending the interest rate of non-electoral debt which was in the amount of $775,000.
1380
5/9/1977
Increasing the non-electoral debt of the Borough in the amount of $300,000 for the purchase of machinery and vehicles.
1384
9/12/1977
Increasing the non-electoral debt of the Borough in the amount of $190,000 for buildings and improvements at the Municipal Airport.
1394
12/5/1977
Providing for the refunding of a portion of the $775,000 non-electoral debt.
1395
12/5/1977
Providing for the refunding of a portion of the $775,000 non-electoral debt.
1419
2/12/1979
Authorizing borrowing $142,000 for the purpose of purchasing the In-Industrial Valley Bank and Trust Company parking lots.
1478
7/12/1982
Authorizing the incurring of non-electoral debt through the issuance of general obligation notes in the amount of $300,000 for various Borough property improvements.
1501
4/23/1984
Authorizing the incurring of non-electoral debt through the issuance of a general obligation note in the amount of $350,000 for various Borough property improvements.
1513
3/11/1985
Authorizing the incurring of non-electoral debt through the issuance of $340,000. Borough equipment and improvements.
1551
10/31/1986
Authorizing the incurring of non-electoral debt through the issuance of a $1,210,000 general obligation bond for various capital projects to be undertaken by the Borough.
1619
4/25/1989
Increasing the indebtedness of the Borough in the amount of $26,000 for sewer system facilities.
1625
6/12/1989
Increasing the indebtedness of the Borough in the amount of $2,875,000 for various capital projects of the Borough.
1680
8/22/1991
Increasing the indebtedness of the Borough in the amount of 30/100 $15,351,908.30 for the refunding of lease rental debt.
1683
11/11/1991
Providing for the issuance of bonds in the amount of $6,665,000 for various capital improvement projects.
1761
12/30/1993
Authorizing the incurring of lease rental debt through the issuance of a series of bonds in the amount of $1,120,000 for various improvements to Borough's sanitary sewer collection, transmission treatment and disposal system facilities.
Res. 1/4/1995
Increasing the debt in the amount of $1,300,000 in a tax anticipation note for the purpose of providing funds for current operating expenses.
1807
7/10/1995
Incurring lease rental debt in the amount of $1,957,000 for the acquisition and construction of replacements and improvements to the sanitary sewage system facilities.
1808
7/10/1995
Authorizing the issuance of bond anticipation notes — series 1995, in the amount of $2,425,000.
1814
10/30/1995
Authorizing the issuance of general obligation bonds in the principal amount of $4,440,000.
1832
10/14/1996
Authorizing the issuance of a general obligation note in the amount of $170,435.
1837
12/9/1996
Authorizing a lease rental debt in the amount of $27,000,000.
Res. 12/30/1996
Authorizing a tax anticipation note in the amount of $1,000,000.
1862
2/9/1998
Increasing the nonelectoral indebtedness by the issuance of a $1,000,000 general obligation note.
1871
12/14/1998
Authorizing the issuance of a series of general obligation bonds.
Res. 12/29/1999A
Incurring temporary indebtedness in the principal amount $1,000,000.
1905
10/11/2000
Authorizing a lease rental debt in the amount of $4,187,000.
Res. 2000-36
12/19/2000
Incurring temporary indebtedness in the principal amount of $1,000,000.
1912
1/16/2001
Authorizing the incurrence of nonelectoral debt by the issuance of a general obligation note in the amount of $3,955,000.
1917
3/12/2001
Increasing the indebtedness by the issuance of a general obligation note in the amount of $410,000.
Res. 2001-29
12/18/2001
Incurring temporary indebtedness for the purpose of providing funds during the fiscal year 2002 for current operating expenses and debt service in the aggregate principal amount of $1,000,000, in anticipation of the receipt of taxes, state subsidies and reimbursements and other current revenues.
Res. 2002-49
12/17/2002
Incurring temporary indebtedness for the purpose of providing funds during the fiscal year 2003 for current operating expenses and debt service in the aggregate amount of $1,200,000, in anticipation of the receipt of taxes, state subsidies and reimbursements and other current revenues.
1960
4/14/2003
Increasing the indebtedness by the issuance of a general obligation note in the amount of $400,000.
Res. 2003-35
12/29/2003
Incurring temporary indebtedness for the purpose of providing funds during the fiscal year 2004 for current operating expenses and debt service in the aggregate amount of $1,200,000, in anticipation of the receipt of taxes, state subsidies and reimbursements and other current revenues.
1993
1/—/2005
Incurring lease rental debt and approving the issuance by the Pottstown Borough Authority of its guaranteed sewer revenue bonds.
2029
10/10/2006
Incurring a lease rental debt for and approving a refunding program to be undertaken by the Pottstown Borough Authority to refund the outstanding 2006 guaranteed sewer revenue bonds.
Res. 2007-11
3/12/2007
Borrowing an amount not to exceed $100,000 for the purpose of paying off an existing mortgage.
Res. 2008-25
7/14/2008
Incurring indebtedness in the amount of $3,500,000 to finance certain capital projects (airport improvements, recreational facilities, and ballfield and Parks and Recreation office improvements).
Res. 2009-17
5/11/2009
Incurring lease obligation debt in an amount not to exceed $2,000,000.00 for financing certain equipment.
2065
10/13/2009
Approving a refunding program and a capital program to be undertaken by the Pottstown Borough Authority and approving the incurrence of lease rental debt of the Borough and the issuance by the Authority of guaranteed water revenue bonds.
Res. 2009-39
12/29/2009
Incurring temporary indebtedness for the purpose of providing funds during the fiscal year 2010 for current operating expenses and debt service in the aggregate principal amount of $2,000,000, in anticipation of the receipt of taxes, state subsidies and reimbursements and other current revenues.
2092
3/12/2012
Incurring nonelectoral debt by the issuance of a general obligation note in the maximum amount of $4,360,000 for refunding of outstanding bonds, construction of a new Borough garage, and various other capital projects.
2093
3/19/2012
Approving a refunding program to be undertaken by the Pottstown Borough Authority and approving the incurrence of lease rental debt of the Borough and the issuance by the Authority of guaranteed sewer revenue bonds.
2094
3/19/2012
Approving a refunding program to be undertaken by the Pottstown Borough Authority and approving the incurrence of lease rental debt of the Borough and the issuance by the Authority of guaranteed water revenue bonds.
2145
12/14/2015
Authorizing the issuance of a 2015 series promissory note in the amount of $589,413.84 for certain capital projects.
2150
7/6/2016
Incurring lease rental debt and approving the issuance by the Pottstown Borough Authority of its guaranteed sewer revenue bonds in the amount of up to $13,400,000.
2151
7/6/2016
Incurring lease rental debt and approving the issuance by the Pottstown Borough Authority of its guaranteed water revenue bonds in the amount of up to $5,700,000.
2157
11/14/2016
Incurring nonelectoral debt through the issuance of general obligation bonds in the maximum aggregate principal amount of $4,200,000 for refunding outstanding bonds.