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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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9/26/2019 1:07:59 PM
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BOCC
Date
10/1/2019
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
6-a
Document Relationships
Agenda 10-01-19 Regular Board Meeting
(Message)
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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9 <br /> Exhibit C -- Draft Documents <br /> (a) A draft dated September 10, 2019, of a Second Supplemental Trust <br /> Agreement to be dated on or about November 1, 2019, between the County and The <br /> Bank of New York Mellon Trust Company, N.A. (the "Trustee"), providing for the <br /> advance of funds to the County, for the issuance of limited obligation bonds, for the <br /> County's obligation to repay the amounts advanced, and for the County's <br /> responsibilities for the use and care of the collateral <br /> (b) A draft dated September 10, 2019, of a Deed of Trust Supplement #2 to <br /> be dated on or about November 1, 2019, from the County to a deed of trust trustee <br /> for the Trustee's benefit, providing for a security interest in property to secure the <br /> County's obligations under the limited obligation bonds and the other financing <br /> documents. <br /> (c) A draft of a Bond Purchase Agreement to be dated on or about October <br /> 16, 2019, providing for the underwriters' obligation to purchase the bonds. The final <br /> form of this Agreement will set out the final principal amount, principal payment <br /> schedule and interest rates for the bonds, and the other terms and conditions for the <br /> underwriters' obligation to purchase the bonds. <br /> 7 <br />
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