MUNICIPAL DOCKET
CITY OF LAUREL
FACT SHEET
COUNCIL MEETING DATE: __3/17/20_ ITEM NO.
ITEM TITLE: Policy Agenda
INTRODUCED BY: Administration
CONTACT PERSON/TELEPHONE: Mary Ann Hess, MMC
SUMMARY EXPLANATION: Title
Consider adopting Resolution Finding And Determining That The Resolution Entitled "Resolution Declaring The Intention Of The Mayor And City Council Of The City Of Laurel, Mississippi, To Issue General Obligation Bonds, Issue Revenue Bonds Or Seek A Loan From The Mississippi Development Bank To Be Paid With A Portion Of The Proceeds Of The City's Recreation And Public Improvement Promotion Tax In The Principal Amount Of Not To Exceed Four Million Five Hundred Thousand Dollars ($4,500,000), For The Purpose Of Providing Funds To Pay For (I) The Establishment, Development, Construction, Furnishing, Equipping, And Erection Of Recreation Facilities On Land Located Within Or In Close Proximity To The Corporate Limits Of The City, Including The Acquisition Of Land If Necessary; (Ii) The Establishment, Development, Construction, Furnishing, Equipping, And Erection Of Improvements At The South Mississippi Fairground; (III) The Costs Of Issuance Of The Bonds; And (IV) For Other Related Purposes All As Authorized By Sections 21-33-301, Mississippi Code Of 1972, As Amended, By House Bill 1868, 1998 Regular Session Of The Mississippi Legislature, And Sections 31-25-1 Et Seq., Mississippi Code Of 1972, As Amended; And Directing Publication Of Notice Of Such Intention To Issue The Bonds" Was Duly Published As Required By Law; That No Sufficient Protest Against The Issuance Of The Bonds Described And Authorizing The Issuance Of Said Bonds In Said Resolution Has Been Filed By The Qualified Electors.
Body
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EXHIBITS FOR REVIEW
RESOLUTION ______ ORDINANCE ______ CONTRACT ______ MINUTES ______
PLAN MAPS ______ ORDER ______ OTHER (SPECIFY)
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