Board Of Aldermen - Minutes - 12/16/2019 - P13
Special Board of Aldermen Public Hearing — 12/16/2019 Page 13
Ms. Fauteux
Yes.
Attorney Bolton
It will close in February.
Mr. Teeboom So you're not paying off the bond, you are going to take the proceeds, the cash proceeds and put it
into this facility, rather than pay off the bond? You are not paying off the Burke Street bond?
Attorney Bolton
That’s correct.