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Agenda - 02-07-2017 - 7-b - Reimbursement Resolutions for General Obligation Bond Projects
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Agenda - 02-07-2017 - 7-b - Reimbursement Resolutions for General Obligation Bond Projects
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2/2/2017 3:47:11 PM
Creation date
11/1/2017 10:12:20 AM
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BOCC
Date
2/7/2017
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
7b
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2 <br /> The attached Reimbursement Resolutions allow the County to advance fund initial project costs <br /> if necessary, and then reimburse itself from financing proceeds upon the issuance of the <br /> General Obligation Bonds, now scheduled for Fall 2017. <br /> FINANCIAL IMPACT: Pending projects may be cash financed if necessary from County funds <br /> and then reimbursed with General Obligation bond proceeds. <br /> SOCIAL JUSTICE IMPACT: There is no Orange County Social Justice Goal associated with <br /> this agenda item. <br /> RECOMMENDATION(S): The Manager recommends the Board approve the Reimbursement <br /> Resolutions. <br />
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