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Agenda 10-01-19 Item 6-a - Adoption of the Final Financing Resolution Authorizing the Issuance of $37,000,000 in Installment Purchase Financing for Various CIP Projects Including Refinancing County Debt
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Agenda 10-01-19 Item 6-a - Adoption of the Final Financing Resolution Authorizing the Issuance of $37,000,000 in Installment Purchase Financing for Various CIP Projects Including Refinancing County Debt
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9/26/2019 1:09:19 PM
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BOCC
Date
10/1/2019
Meeting Type
Regular Meeting
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Agenda
Agenda Item
6-a
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Agenda 10-01-19 Regular Board Meeting
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Path:
\Board of County Commissioners\BOCC Agendas\2010's\2019\Agenda - 10-01-19 Regular Meeting
Minutes 10-01-2019 Regular Meeting
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Path:
\Board of County Commissioners\Minutes - Approved\2010's\2019
RES-2019-059 Resolution Approving Financing Terms and Documents for 2019 Installment Financing
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Path:
\Board of County Commissioners\Resolutions\2010-2019\2019
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6 <br /> previously signed by County officers or employees, provided that the changes do not <br /> substantially alter the intent from that expressed in the form originally signed. The <br /> County Manager's authorization of the release of any document for delivery will <br /> constitute conclusive evidence of her approval of any changes. <br /> In addition, the County Manager and the Finance Officer are authorized to take <br /> all appropriate steps for the efficient and convenient carrying out of the County's on- <br /> going responsibilities with respect to the financing. This authorization includes, <br /> without limitation, contracting with third parties for reports and calculations that <br /> may be required under the Documents, this resolution or otherwise with respect to <br /> the bonds. <br /> 6. Other Financing Participants - Sanford Holshouser LLP will serve as <br /> the County's bond counsel. Davenport & Company LLC will serve as the County's <br /> financial adviser. The Bank of New York Mellon Trust Company, N.A., will serve as <br /> Trustee under the Supplemental Trust Agreement referenced in Exhibit B. <br /> 7. Miscellaneous Provisions - The Board authorizes all County officers <br /> and employees to take all further action as they may consider desirable to carry out <br /> the purposes of this resolution. In particular, the Board directs the Clerk to this <br /> Board to apply the County's seal to the final form Documents, and to attest to the <br /> application of the seal. The Board ratifies all prior actions of County officers and <br /> employees to this end. Upon the unavailability or refusal to act of the County <br /> Manager, the Chair or the Finance Officer, any other of those officers may assume <br /> any responsibility or carry out any function assigned in this resolution. In addition, <br /> the Vice Chair or any Deputy or Assistant Clerk may carry out or exercise any rights <br /> or responsibilities assigned in this resolution to the Chair or the Clerk. The Board <br /> repeals all other Board proceedings, or parts of proceedings, in conflict with this <br /> resolution, to the extent of the conflict. This resolution takes effect immediately. <br /> 4 <br />
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