File #: 16-3232   
Type: Consent Item Status: Agenda Ready
In control: Board of Commissioners
On agenda: 2/15/2021 Final action:
Title: Proposed 2021 General Obligation Refunding Bonds Not to Exceed $218,000,000
Attachments: 1. 20210215 - Item Summary for 2021 GO Refunding - Findings Res, Issuance Resolution - final.pdf, 2. 20210215 - 2021 GO Refunding - Attachment 1 - Prelim Res, Bond Adopt Order.pdf, 3. 20210215 - 2021 GO Refunding - Attachment 2 - Stmnt of Total Estimated Interest.pdf, 4. 20210215 - 2021 GO Refunding - Attachment 3 - Sworn Stmnt of Debt.pdf

Title

Proposed 2021 General Obligation Refunding Bonds Not to Exceed $218,000,000

Recommended Action

That the Board of Commissioners:

 

1.                     Adopts Resolution making certain findings and determinations and directing staff to file application with Local Government Commission regarding the proposed issuance of General Obligation Bonds (“2021 Bonds”); and

 

2.                     Adopts Bond Order authorizing General Obligation Refunding Bonds not to exceed $68,000,000; and

 

3.                     Adopts Issuance Resolution for 2021 Bonds to (a.) refinance drawn amounts under certain Bond Anticipation Notes with bonds not to exceed $150,000,000 and (b.) refund certain existing General Obligation Bonds of the County with bonds not to exceed $68,000,000.