File #: ID 24-7132    Version: 1 Name:
Type: Resolution Status: Passed
File created: 4/9/2024 In control: City Council
On agenda: 4/16/2024 Final action: 4/16/2024
Title: Consider adopting a Resolution Authorizing The Employment Of Certain Professionals In Connection With The Sale And Issuance By The City Of Laurel, Mississippi Of Either General Obligation Bonds Of Said City Or A General Obligation Bond Of Said City For Sale To The Mississippi Development Bank Or The Execution And Delivery Of The Documents Necessary To Secure A Loan With The Mississippi Development Bank, All In An Aggregate Principal Amount Not To Exceed Three Million Five Hundred Thousand Dollars ($3,500,000); And For Related Purposes.
Attachments: 1. City of Laurel MS GO Bonds (2024) (247214) - Engagement Resolution, 2. City of Laurel, MS GO Bonds (2024) (247214) - Engagement Letter, 3. Laurel (MDB) GO - Cap Imp Bonds (2024) - City MA (IRMA) Disclosure Eng Ltr (4.16.24)

 

MUNICIPAL DOCKET

CITY OF LAUREL
FACT SHEET

                                                                                                                                                                                                                                                            

 

COUNCIL MEETING DATE: __4/19/24__                             ITEM NO.                                          

 

ITEM TITLE:                      Policy Agenda

 

INTRODUCED BY:                     Administration

 

CONTACT PERSON/TELEPHONE:                       Mary Ann Hess, MMC

 

SUMMARY EXPLANATION: Title

Consider adopting a Resolution Authorizing The Employment Of Certain Professionals In Connection With The Sale And Issuance By The City Of Laurel, Mississippi Of Either General Obligation Bonds Of Said City Or A General Obligation Bond Of Said City For Sale To The Mississippi Development Bank Or The Execution And Delivery Of The Documents Necessary To Secure A Loan With The Mississippi Development Bank, All In An Aggregate Principal Amount Not To Exceed Three Million Five Hundred Thousand Dollars ($3,500,000); And For Related Purposes.

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EXHIBITS FOR REVIEW

 

RESOLUTION ___X ___   ORDINANCE ______ CONTRACT ______ MINUTES ______

 

PLAN MAPS ______ ORDER ______ OTHER (SPECIFY)

                                                                                                                                                                                                                                                            

 

SUBMITTAL AUTHORIZATION:  COUNCILPERSON _____ MAYOR ______ CAO ______

 

                                                                                                                                                                                                                                                            

 

COUNCIL ACTION: MOTION BY________________ SECONDED BY__________________

 

COUNCIL VOTE:                                                       YEAS                                NAYS                             ABSTAIN           ABSENT

JASON CAPERS, WARD 1                                          ______            _______          ________            _______

KEVIN KELLY, WARD 2                      ______            _______          ________            _______

TONY THAXTON, WARD 3                                               ______            _______          ________            _______

GEORGE CARMICHAEL, WARD 4                     ______            _______          ________            _______

ANDREA ELLIS, WARD 5                                          ______            _______          ________            _______

GRACE AMOS, WARD 6                                  ______            _______          ________            _______

SHIRLEY JORDAN, WARD 7                                           ______            _______          ________            _______

 

                                                                                                                                                                                                                                                            

ACTION TAKEN: