Controlled by CITY COUNCIL
Calling on the Federal Reserve Bank of the United States to offer long-term loans with terms of up to 30 years to meet the borrowing needs of state and local governments and government units in the United States without charging any interest or fees, and urging the City Treasurer’s Office to enter into conversations with the financial institutions underwriting the City’s bonds to negotiate long-term loans with terms of up to 30 years to meet the City’s borrowing needs without charging any interest or fees.
(No actions taken)
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