SB1936AVM001 LRB096 10999 HLH 35127 v


 
1
MOTION

 
2      I move to accept the specific recommendations of the
3 Governor as to Senate Bill 1936 in manner and form as follows:
4
AMENDMENT TO SENATE BILL 1936
5
IN ACCEPTANCE OF GOVERNOR'S RECOMMENDATIONS
6      Amend Senate Bill 1936 on page 3, by replacing lines 11
7 and 12 with "except that the interest rate on the refunding
8 bonds and the maximum"; and
 
9 on page 3, by replacing lines 14 and 15 with "may not be
10 greater than that set forth in the original notice for the
11 refunded bonds. Notwithstanding any provision of this Section
12 to the contrary, the debt service of the refunding bonds issued
13 pursuant to this Section may not exceed the debt service
14 estimated to be paid over the remaining duration of the
15 refunded bonds.".
 
16 Date: _________________, 2010     ___________________________