TO: Mayor Richard C. Irvin
FROM: Martin S. Lyons, Chief Financial Officer/City Treasurer
DATE: June 18, 2020
SUBJECT: title
2020 Debt Planning Update
body
The Attached memorandum provides an update of the City's Line of Credit Status, potential new Debt due to COVID 19 cash flow issues, and the refinancing of our 2020 debt service payment if necessary in December.
A presentation will also be made at the Council meeting regarding the status of COVID 19 financial impacts.