File #: ID 19-3895    Version: 1 Name:
Type: Resolution Status: Passed
File created: 8/27/2019 In control: City Council
On agenda: 9/3/2019 Final action: 9/3/2019
Title: Consider adopting a Resolution of the Mayor and City Council of the City of Laurel, Mississippi (The "City"), approving the employment of professionals in connection with the issuance of refunding bonds of the City, in one or more series, in the principal amount of not to exceed three million dollars ($3,000,000), in the aggregate, to raise money for the purpose of refinancing all or a portion of the City's equipment lease purchase agreement No. 001543-1 dated as of August 30, 2017; and for other related purposes as authorized under Mississippi Code Ann. Sections 31-27-1 et seq., or Sections 31-15-1 et seq., as amended and supplemented from time to time, including paying for the cost of such borrowing; and for related purposes.
Attachments: 1. Laurel MS $3000000 GO Bonds (2019) (205874)- REFUNDING BOND, 2. Laurel GO Refunding Bonds 2019 - City MA (IRMA) Disclosure Eng Ltr (9.3.19)ButlerSnow_49102596v1, 3. Laurel MS $3000000 GO Ref Bonds (2019) (208682) - Engagment LetterButlerSnow_49079183v1, 4. Laurel GO G-17 Disclosure, 5. Laurel GO IRMA Rep letter

MUNICIPAL DOCKET
CITY OF LAUREL
FACT SHEET


COUNCIL MEETING DATE: ___9/3/19___ ITEM NO.

ITEM TITLE: Policy Agenda

INTRODUCED BY: Administration

CONTACT PERSON/TELEPHONE: Mary Ann Hess, MMC

SUMMARY EXPLANATION: Title
Consider adopting a Resolution of the Mayor and City Council of the City of Laurel, Mississippi (The "City"), approving the employment of professionals in connection with the issuance of refunding bonds of the City, in one or more series, in the principal amount of not to exceed three million dollars ($3,000,000), in the aggregate, to raise money for the purpose of refinancing all or a portion of the City's equipment lease purchase agreement No. 001543-1 dated as of August 30, 2017; and for other related purposes as authorized under Mississippi Code Ann. Sections 31-27-1 et seq., or Sections 31-15-1 et seq., as amended and supplemented from time to time, including paying for the cost of such borrowing; 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 ______ _______ ________ _______
TONY WHEAT, WARD 2 ______ _______ ________ _______
TONY THAXTON, WARD 3 ______ _______ ________ _______
GEORGE CARMICHAEL, WARD 4 ______ _______ ________ _______
STACY COMEGYS, WARD 5 ______ _______ ________ _______
TRAVARES COMEGYS, WARD 6 ______ ...

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