File #: 16-6430   
Type: Consent Item Status: Agenda Ready
In control: Board of Commissioners
On agenda: 6/16/2025 Final action:
Title: Proposed 2025 Installment Financing Agreement for Schools not to exceed $703,647,000
Attachments: 1. 20250616 - Item Summary - 2025 IFA Draw Program for Schools - Adopt Findings Res, Set Public Hrg v2.pdf, 2. 20250616 - Attachment 1 - Prelim Res & Call Public Hrg.pdf, 3. 20250616 - Attachment 2 - Notice of Public Hearing to Publish by 20250627.pdf
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Title

Proposed 2025 Installment Financing Agreement for Schools not to exceed $703,647,000

Recommended Action

That the Board of Commissioners:

 

1.                     Adopts a resolution making certain findings and determinations regarding the financing of the construction and equipping of certain public school facilities pursuant to an installment financing agreement; and

 

2.                     Calls for a public hearing at the July 7, 2025 Board of Commissioners meeting on the agreement and the transfer of certain school property to the County; and

 

3.                     Requests the Local Government Commission to approve the financing arrangement.