Legal Documents of Dandridge

Code of Dandridge

Table of Contents » Title 5 Municipal Finance and Taxation » Chapter 5 Debt Management Policy » § 5-510 Cost of debt.
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Title 5
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Title 5, Chapter 1
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§ 5-101
Dandridge
Title 5 : Municipal Finance and Taxation
Chapter 5 : Debt Management Policy

5-510 : Cost of debt.

  1. All costs associated with the initial issuance or incurrence of debt, management and repayment of debt (including interest, principal, and fees or charges) shall be disclosed prior to action by the board of mayor and aldermen in accordance with the notice requirements stated above.
  2. In cases of variable interest or non-specified costs, detailed explanation of the assumptions shall be provided along with the complete estimate of total costs anticipated to be incurred as part of the debt issue.
  3. Costs related to the repayment of debt, including liabilities for future years, shall be provided in context of the annual budgets from which such payments will be funded (i.e. general obligations bonds in context of the general fund, revenue bonds in context of the dedicated revenue stream and related expenditures, loans and notes). (Ord. #11/12-08, Nov. 2011)
Date Last Updated: 09/10/2019
Codification Date: 06/01/2019

Officials at Date of Last Codification:

Mayor - George Gantte 
Vice Mayor - Todd Kesterson 
Aldermen - Mike Chambers 
Aldermen - Jeffrey Depew 
Aldermen - Jessie Elder 
Aldermen - Mike Nelson 
Aldermen - Marianne Reese 
Town Recorder - Cathy Dixon

Date Last Updated: 09/10/2019
Codification Date: 06/01/2019

Officials at Date of Last Codification:

Mayor - George Gantte 
Vice Mayor - Todd Kesterson 
Aldermen - Mike Chambers 
Aldermen - Jeffrey Depew 
Aldermen - Jessie Elder 
Aldermen - Mike Nelson 
Aldermen - Marianne Reese 
Town Recorder - Cathy Dixon