Appendix B
Bond Issues and Loans
 
Ord./Res
Date
Subject
Ord./Res
Date
Subject
Ord. 86
5/11/1915
Authorizing an increase of the indebtedness of the Borough to $17,000, by a bond issue for the improvement of Williamson Road.
Ord. 110
4/1/1946
Signifying the desire of the Borough of Blossburg, Tioga County, Pennsylvania, to increase its indebtedness from $6,200 to $23,000, and providing for the submission of the question of such increase to the election of Blossburg Borough at the primary election, to be held May 21, 1946.
Ord. 111
9/1/1946
Authorizing a $16,800 bond issue for the purpose of funding existing indebtedness and paving Granger, Morris, Parkhurst, Davis and Taber Streets and other small cross streets.
Ord. 143
4/8/1957
Authorizing and directing the issuance of obligation bonds of the Borough of Blossburg, Tioga County, Pennsylvania, in the maximum amount of $14,000 for the purpose of funding floating indebtedness incurred in making capital improvement to the streets and bridges, erecting a municipal storage and maintenance garage building, and marketing bonds of the Borough of Blossburg.
Res. 333A
5/8/1989
Increasing the indebtedness of the Borough of Blossburg, County of Tioga, Pennsylvania, by the issue of a general obligation guaranty of a note in the amount of $450,000 for sundry purposes.
Res. 333B
5/8/1989
Increasing the indebtedness of the Borough of Blossburg, County of Tioga, Pennsylvania, by the issue of a general obligation guaranty of a note in the amount of $1,507,500 for sundry purposes.
Ord. 338
4/1/1990
Determining to incur a lease rental debt, to be evidenced by a guaranty of a promissory note in the maximum principal amount of $2,742,100, in connection with a capital project that consists of the acquisition and/or construction by the Blossburg Municipal Authority of certain water production, storage, transportation and distribution system facilities.
Ord. 423
12/14/2009
Issuing its $400,000 general obligation note, series of 2010, for the purpose of providing funds for and towards financing the construction of a swimming pool and capital related foregoing.
Ord. -
7/ /2023
Incurring lease rental debt in the principal amount of $7,723,274.90 to be evidenced by its several guaranty (90.83%) of the $8,503,000 combined principal amount guaranteed sewer revenue bonds of Blossburg Municipal Authority, to retire the $8,503,000 sewer and water revenue note of the authority and, to the extent of any remaining funds, the construction of improvements to the authority’s sanitary sewer system.