File #: ID 20-4552    Version: 1 Name:
Type: Resolution Status: Passed
File created: 10/13/2020 In control: City Council
On agenda: 10/20/2020 Final action: 10/20/2020
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 a to be determined principal amount to raise money for the purpose of defeasing and refunding the City's debt including, but not limited to , all or a portion of the City's $10,000,000 General Obligation Bonds, Series 2015, dated December 10, 2015, the City's $4,400,000 General Obligation Bonds, Series 2016, dated April 14, 2016, and all or a portion of the City's State Revolving Fund Loans, and for other related purposes as authorized under Mississippi Code Ann. Sections 31-27-1 et seq., or Sections 31-15-1 et se4q., as amended and supplemented from time to time, including paying for the cost of such borrowing; and for related purposes.
Attachments: 1. Laurel MS GO Ref Bonds (2020) (_______________)- Engagement Resolution, 2. Laurel MS Refunding Bonds (2020)(_______) - BS Engagment Letter, 3. G-17 - Laurel GO Refunding 10.13.20, 4. Laurel GO Refunding Bonds (2020) - City MA (IRMA) Disclosure Eng Ltr (10.20.20)

MUNICIPAL DOCKET
CITY OF LAUREL
FACT SHEET


COUNCIL MEETING DATE: __10/20/2020__ 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 a to be determined principal amount to raise money for the purpose of defeasing and refunding the City's debt including, but not limited to , all or a portion of the City's $10,000,000 General Obligation Bonds, Series 2015, dated December 10, 2015, the City's $4,400,000 General Obligation Bonds, Series 2016, dated April 14, 2016, and all or a portion of the City's State Revolving Fund Loans, and for other related purposes as authorized under Mississippi Code Ann. Sections 31-27-1 et seq., or Sections 31-15-1 et se4q., as amended and supplemented from time to time, including paying for the cost of such borrowing; and for related purposes.
Body
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EXHIBITS FOR REVIEW

RESOLUTION ______ 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 ______ _______ ________ _...

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