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NEWFOUNDLAND AND LABRADOR
REGULATION 142/97

Issuing and Selling Bonds to Repay Loans
of the City of St. Johns Order, 1997

under the
City of St. Johns (Loan) Act, 1978
(O.C. 97-742)

(Filed December 10, 1997)

Under the authority of section 3 of the City of St. Johns (Loan) Act, 1978 , the Lieutenant-Governor in Council makes the following Order.

Dated at St. Johns, December 10, 1997.

John R. Cummings
for the Clerk of the Executive Council

ORDER

Analysis



Short title

        1. This Order may be cited as the Issuing and Selling Bonds to Repay Loans of the City of St. Johns Order, 1997 .

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Approval granted

        2. The City Council of the City of St. Johns is granted approval to issue and sell bonds in the amount of $10,000,000 to repay certain loans of the City.