From Cary Grade School Board President Scott Coffey: FYI, D-47 just issued $9.2 million of new debt certificates on 6/26/18. The bonds will be paid off over the course of the next 15 years (2/1/33). Note: There is no statutory … Continue reading
Category Archives: Debt Certificates
Susan provides the following information about what the McHenry County Conservation District has borrowed: (MCCD) Legal Debt Margin Calculation as of March 31, 2014 Assessed valuation as of December 31, 2013: $7,189,697,681 Debt Limitation (1.725% of assessed valuation): $124,022,285 Less … Continue reading
The McHenry County Finance Committee received a proposal to refinance outstanding debt this week. BMO Harris representative Eric Anderson make the presentation. That bank will get the biggest payment for the deal. Refinancing these debt certificates is a lot like refinancing … Continue reading
A fast track design and building consortium headed by Draper and Kramer made a presentation to the Lakewood Village Board Tuesday night. They didn’t cinch the deal, but made a favorable impression. The Village Board decided it wanted more input … Continue reading
I filed a Freedom of Information request with Grafton Township for the checks paid so far for the new township hall. That doesn’t include interest to Harris Bank on the debt certificates. That’s the $3.5 million ($5 million+, if interest … Continue reading
Sometimes my almost 12-year old uses the term “My bad.” That’s supposed to make it all better. Sometimes it does; sometimes it doesn’t. While Jim Kelly, the attorney for Grafton Township Trustees, used more lawyerly like language, that was his … Continue reading
We last left the Grafton Township melodrama the court hearing on Dan Ziller, Jr.’s request for an injunction to halt the building of a Grafton Township Hall. The weekend before Judge Michael Caldwell ruled against the township, my computer’s hard … Continue reading
It’s time to pay the piper, in this case the owners of the Gilger property which the McHenry County College Board voted to purchase during a Crystal Lake City Council meeting on March 4th. MCC contract attorney Sandy Kerrick announced … Continue reading
It’s time to pay the piper, in this case the owners of the Gilger property which the McHenry County College Board voted to purchase during a Crystal Lake City Council meeting on March 4th. MCC contract attorney Sandy Kerrick announced … Continue reading
Big doings at the McHenry County College Board meeting Thursday night at 7. Although the college—unlike Huntley School District 158 and Carpentersville School District 300—does not allow the public to see what is in the board packets ahead of time, … Continue reading
Big doings at the McHenry County College Board meeting Thursday night at 7. Although the college—unlike Huntley School District 158 and Carpentersville School District 300—does not allow the public to see what is in the board packets ahead of time, … Continue reading
The short answer is that McHenry County College taxpayers are the ones who have to foot the bill, if the minor league baseball team doesn’t produce enough money to pay for McHenry County College’s baseball stadium and other buildings. What … Continue reading
The short answer is that McHenry County College taxpayers are the ones who have to foot the bill, if the minor league baseball team doesn’t produce enough money to pay for McHenry County College’s baseball stadium and other buildings. What … Continue reading