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RES-2020-009 Resolution supporting an application to the Local Government Commission for its approval of a County financing agreement
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RES-2020-009 Resolution supporting an application to the Local Government Commission for its approval of a County financing agreement
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Last modified
8/31/2020 3:45:43 PM
Creation date
8/31/2020 3:41:19 PM
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BOCC
Date
3/10/2020
Meeting Type
Business
Document Type
Resolution
Agenda Item
5-b
Document Relationships
Agenda - 03-10-20 Business Meeting
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2020\Agenda - 03-10-20 Business Meeting
Agenda - 03-10-20; 5-b - Public Hearing on the Financing of Various Capital Investment Plan Projects
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2020\Agenda - 03-10-20 Business Meeting
Minutes 03-10-2020 Business Meeting
(Attachment)
Path:
\Board of County Commissioners\Minutes - Approved\2020's\2020
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7 <br /> 3. Additionally, the Board resolves as follows: <br /> (a) The County intends that the adoption of this resolution will be a <br /> declaration of the County's official intent to reimburse project expenditures from <br /> financing proceeds. The County intends that funds that have been advanced for <br /> project costs, or which may be so advanced, from the County's general fund, or any <br /> other County fund, may be reimbursed from the financing proceeds. <br /> (b) The Board directs the Finance Officer to take all appropriate steps <br /> toward the completion of the financing, including completing an application to the <br /> LGC for its approval of the proposed financing. The Board ratifies all prior actions of <br /> County representatives in this regard. <br /> (c) This resolution takes effect immediately. <br />
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