City of Laurel - File #: ID 19-3919

• File #: ID 19-3919
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 9/10/2019
• In control: City Council
• On agenda: 9/17/2019
• Final action: 9/17/2019
• Title: Consider adopting a Resolution of the Mayor And City Council of the City Of Laurel, Mississippi Authorizing And Directing The Issuance Of Not To Exceed $2,875,000 City Of Laurel, Mississippi General Obligation Refunding Bonds, Series 2019 For The Purpose Of Acquiring Certain Equipment Described In And Financed Pursuant To The City's Tax Exempt Equipment Lease Purchase Agreement No. 001543-1 Dated As Of August 30, 2017; Prescribing The Form And Details Of Said Bonds; Directing The Preparation, Execution And Delivery Of Said Bonds; Providing Certain Covenants Of Said City In Connection With Said Bonds; Authorizing The Negotiated Sale And Private Placement Of Said Bonds; Approving The Form Of And The Execution And Delivery Of A Bond Purchase Agreement Or Private Placement Agreement In Connection With The Sale Of Said Bonds; Approving The Form Of And The Preparation And Distribution Of A Preliminary Official Statement Or Preliminary Placement Agreement, As Applicable, In Connection With Sa...

Date	Ver.	Action By	Action	Result
9/17/2019	1	City Council	adopted	Pass

MUNICIPAL DOCKET
CITY OF LAUREL
FACT SHEET


COUNCIL MEETING DATE: ___9/7/19__ 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 Authorizing And Directing The Issuance Of Not To Exceed $2,875,000 City Of Laurel, Mississippi General Obligation Refunding Bonds, Series 2019 For The Purpose Of Acquiring Certain Equipment Described In And Financed Pursuant To The City's Tax Exempt Equipment Lease Purchase Agreement No. 001543-1 Dated As Of August 30, 2017; Prescribing The Form And Details Of Said Bonds; Directing The Preparation, Execution And Delivery Of Said Bonds; Providing Certain Covenants Of Said City In Connection With Said Bonds; Authorizing The Negotiated Sale And Private Placement Of Said Bonds; Approving The Form Of And The Execution And Delivery Of A Bond Purchase Agreement Or Private Placement Agreement In Connection With The Sale Of Said Bonds; Approving The Form Of And The Preparation And Distribution Of A Preliminary Official Statement Or Preliminary Placement Agreement, As Applicable, In Connection With Said Bonds; Directing The Preparation And Distribution Of A Final Official Statement Or Private Placement Memorandum, As Applicable, In Connection With Said Bonds; Approving The Form Of And The Execution And Delivery Of An Escrow Trust Agreement In Connection With Said Bonds And Said Refunded Lease; 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________________ ...