Legislation Details

File #: 16-6202   
Type: Regular Item Status: Passed
In control: Board of Commissioners
On agenda: 2/17/2025 Final action: 2/17/2025
Title: Public Hearing on Proposed 2025 Limited Obligation Bonds Not to Exceed $304,500,000
Attachments: 1. 20250217 - Item Summary - 2025AB LOBs - Public Hrg, Approving Resolution.pdf, 2. Presentation.pdf, 3. 20250217 - Attachment 1 - 2025 LOBs Approving Resolution.pdf, 4. 20250217 - Attachment 2 - 2025B LOBs Deed of Trust.pdf, 5. 20250217 - Attachment 3 - 2025A LOBs Second Supplement to Deed of Trust.pdf, 6. 20250217 - Attachment 4 - 2025B LOBs Trust Agreement.pdf, 7. 20250217 - Attachment 5 - 2025B LOBs First Supplemental Trust Agreement.pdf, 8. 20250217 - Attachment 6 - 2025A LOBs Third Supplemental Trust Agreement.pdf, 9. 20250217 - Attachment 7 - 2025 LOBs Notice of Public Hearing.pdf, 10. 20250217 - Attachment 8 - 2021 IFA BAN project list.pdf

Title

Public Hearing on Proposed 2025 Limited Obligation Bonds Not to Exceed $304,500,000

Recommended Action

That the Board of Commissioners:

 

1.                     Conducts a Public Hearing regarding the proposed issuance of 2025 Limited Obligation Bonds (“LOBs”) not to Exceed $304,500,000, and upon conclusion of the Public Hearing; and

 

2.                     Adopts a resolution authorizing the execution and delivery of LOBs of the County in an amount not to exceed $304,500,000 and related documents in connection with the refinancing of certain Public School improvements and funding needs for an EMS facility for the County of Wake, North Carolina.