|
Ord./Res.
|
Date
|
Subject
|
|---|---|---|
|
Ord. 61
|
1/5/1910
|
To provide for the funding and payment of the floating debt
|
|
Ord. 81
|
5/20/1914
|
Fixing the tax rate for general purposes and a sinking fund,
and disbursement of sinking fund
|
|
Ord. 84
|
10/20/1915
|
To borrow $3,000 for the purpose of improving streets and highways,
to issue bond to secure payment, and establishing a sinking fund for
the payment of interest
|
|
Ord. 85
|
12/15/1915
|
Amending Ord. 84
|
|
Ord. 87
|
4/19/1917
|
Increase of indebtedness in the sum of $2,000 by selling bonds
and applied to the purchase of a pumping engine for fire protection
|
|
Ord. 88
|
4/19/1917
|
Increase of indebtedness in the sum of $3,600 by selling bonds
and applied to outstanding notes
|
|
Ord. 89
|
4/19/1917
|
Increase of indebtedness in the sum of $1,000 by selling bonds
and applied to the improvement and repair of streets
|
|
Ord. 90
|
7/3/1917
|
A loan of $1,000 secured by bonds, for the purpose of improving
and repairing streets
|
|
Ord. 91
|
7/3/1917
|
A loan of $2,000 secured by bonds, for the purchase of a pump
engine for fire protection
|
|
Ord. 92
|
7/3/1917
|
A loan of $3,600 secured by bonds, for paying outstanding notes
|
|
Ord. 105
|
10/7/1926
|
Increasing the bonded indebtedness for the purpose of improving
the streets and highways and for the payment of the proper and necessary
costs and expenses incident thereto by an issue of bonds to the amount
of $10,000
|
|
Ord. 113
|
6/7/1928
|
Increase of indebtedness in the sum of $20,000 to improve the
streets and highways
|
|
Ord. 114
|
6/7/1928
|
Holding of a special election to obtain the assent of the electors
to an increase of the indebtedness in the sum of $20,000
|
|
Ord. 118
|
10/2/1930
|
Increase of indebtedness in the sum of $40,000 to improve the
streets and highways
|
|
Ord. 132
|
2/10/1936
|
Increase of indebtedness in the sum of $35,000 to construct
sanitary sewers
|
|
Ord. 133
|
2/10/1936
|
Holding of special election to obtain the assent of the electors
to an increase of the indebtedness in the sum of $35,000
|
|
Ord. 136
|
6/8/1936
|
Increase of indebtedness in the sum of $35,000 to approve the
form of bond; provide for the assessment, levy, and collection of
a tax to pay the interest, principal and taxes convenanted
|
|
Ord. 140
|
2/8/1937
|
Amending Ord. 140 by changing the period for the collection
of the last installment of the annual tax for the sinking fund
|
|
Ord. 141
|
2/8/1937
|
Amending Ord. 140 by changing the period for the collection
of the last installment of the annual tax for the sinking fund
|
|
Ord. 175
|
8/7/1944
|
Increase of indebtedness in the sum of $12,000 for the grading,
paving, and improving streets and highways
|
|
Ord. 176
|
8/21/1944
|
Increase of indebtedness in the sum of $28,000 for the grading,
paving, and improving streets and highways
|
|
Ord. 179
|
1/20/1947
|
Increase of indebtedness in the sum of $28,000 for the grading,
paving, and improving streets and highways
|
|
Ord. 184
|
1/20/1947
|
Increase of indebtedness in the sum of $10,000 for the grading,
paving, and improving streets and highways
|
|
Ord. 209
|
5/23/1951
|
Increase of indebtedness in the sum of $22,000 for the construction
and reconstruction of streets and curbs
|
|
Ord. 217
|
6/16/1952
|
Increase of indebtedness in the sum of $35,000 for the construction
and reconstruction of streets and curbs
|
|
Ord. 241
|
4/14/1954
|
Increase of indebtedness in the sum of $22,000 for the construction
and reconstruction of streets, sewers, and curbs
|
|
Ord. 273
|
6/4/1956
|
Issuance of general bonds in the sum of $20,000 for the construction,
reconstruction and improvement of streets
|
|
Ord. 317
|
11/23/1959
|
Issuance of general bonds in the sum of $18,000 for the acquisition
and improvement of a building for Borough purposes and the purchase
of a truck for the collection of ashes and rubbish
|
|
Ord. 356
|
1/9/1963
|
Issuance of general bonds in the sum of $8,000 for the construction
of a Borough garage
|
|
Ord. 357
|
1/9/1963
|
Issuance of general bonds in the sum of $9,000 for the construction,
extension, improvement, and repairs to streets
|
|
Ord. 362
|
3/11/1964
|
Increase of indebtedness in the sum of $35,000 for flood control
on the west branch of Stony Creek at Bridge Street
|
|
Ord. 365
|
8/18/1964
|
Increase of indebtedness in the sum of $35,000 for flood control
on the west branch of Stony Creek at Bridge Street
|
|
Ord. 370
|
—
|
Providing revenue for general Borough purposes by assessing,
levying and imposing a tax for general Borough purposes on bowling
alleys, pool tables, mechanical amusement devices; vending devices
and jukeboxes
|
|
Ord. 395
|
—
|
To provide for a 5 year capital improvement loan in the sum
of $5,000 for a Borough fire truck
|
|
Ord. 427
|
11/12/1969
|
To provide for a 5 year capital improvement loan in the sum
of $17,000 for a truck for trash collection
|
|
Ord. 480
|
1/14/1976
|
Increase of indebtedness in the sum of $28,200 for sundry purposes
|
|
Ord. 541
|
12/10/1986
|
Issuance of non-electoral debt in the sum of $400,000 for the
purpose of constructing a fire house and building to store Borough
vehicles, equipment, and supplies
|
|
Ord. 544
|
9/23/1987
|
Amending Ord. 541, authorizing the incurrence of the obligation
note
|
|
Ord. 564
|
12/19/1990
|
Increase of indebtedness in the sum of $150,000 by general obligation
note for the funding of the unfunded debt
|
|
Res. 95-13
|
12/13/1995
|
General obligation note in the amount of $35,000
|
|
Ord. 596
|
4/30/1997
|
Issuance of non-electoral debt in the sum of $144,000, approving
capital projects; the negotiated sale of the 1997 note to the Delaware
Valley Regional Finance Authority; substantial forms and agreement,
and execution and delivery of necessary documents; the amortization
schedule and maximum payments; the full faith, credit, and taxing
power for timely payment; establishes and appoints a sinking fund;
authorizes the application; and advertisement of enactment
|
|
Ord. 630
|
9/11/2002
|
Issuance of non-electoral note in the sum of $407,675, to provide
funds for the costs of a rehabilitation of the sanitary sewer system;
findings that it's in the best interest to accept the proposal
of PENNVEST to purchase this note; authorized, permitted under, and
pursuant to the act; approving the forms; providing a sinking fund
at PLGIT, appointing Commerce Bank as paying agent; covenants relating
to debt; pledging full faith, credit, and taxing power as security;
covenants to ensure prompt and full payment; for Borough officers
to do, take, and perform certain acts; not to be in excess of limitation
imposed; authorizing the preparation, certification, and filing of
the proceedings DCED
|
|
Ord. 662
|
6/13/2007
|
Authorizes the incurrence of non-electoral debt by the Borough
of Morton (the "Participant") pursuant to the issuance of the general
obligation note, series of 2007 (the "participant note") in the aggregate
par amount of $250,000 and approves certain Capital projects; approves
the negotiated sale of the participant note to the Delaware Valley
Regional. Finance authority; approves the substantial forms of the
Participant note, loan agreement, and continuing disclosure agreement
and authorizes execution and delivery of all necessary documents;
states the amortization schedule and maximum annual debt service payments;
authorizes and awards a transaction under a qualified interest rate
management agreement and authorizes and directs a filing to the department
of community and economic development; pledges the full faith, credit,
and taxing power of the participant for the timely repayment of the
participant note, including the regularly scheduled payments due under
the qualified interest rate management agreement; covenants to pay
any termination fees; creates and appoints a sinking fund depository;
authorizes the application for approval of the issuance of the participant
note to the department of community and economic development; authorizes
advertisement of enactment; and repeals inconsistent ordinances
|
|
Ord. 719
|
7/10/2013
|
General obligation note in the amount of $478,250,00 for sundry
purposes; fixing the form, number, date, interest, and maturity thereof;
making a covenant for the payment of the debt service on the note;
providing for the filing of the required document; providing for the
appointment of a sinking fund depository for the note; and authorizing
execution, sale and delivery
|
|
Res. No. 2017-01
|
1/11/2017
|
Authorizing the issuance of a tax and revenue anticipation note
in the principal amount of $150,000
|
Table of Contents
Table of Contents
