TITLE
Title
RESOLUTION AUTHORIZING THE ISSUANCE OF $41,000,000 IN GENERAL OBLIGATION PUBLIC IMPROVEMENT BONDS, SERIES 2022A
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SPONSOR
Sponsor
Derrick Bennett
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BACKGROUND
Background
The Board of Commissioners, at its regular meeting on February 3, 2022, adopted the bond order in the amount of $41,000,000. The bonds will be issued in the principal amount of $41,000,000 and designated “General Obligation Public Improvement Bonds, Series 2022A”.
The Local Government Finance Act and Local Government Commission regulations require the Board of Commissioners adopt a Resolution Authorizing Issuance of the General Obligation Bonds.
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RESOLUTION
Resolution
See attached resolution authorizing the issuance of bonds in the amount of $41,000,000 for General Obligation Public Improvement Bonds, Series 2022A.
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REQUESTED ACTION
Requested Action
Adopt resolution authorizing the issuance of Two-Thirds bonds to be designated as “General Obligation Public Improvement Bonds, Series 2022A” in an amount of $41,000,000.
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