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.

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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                     ______            _______          ________            _______

STACY COMEGYS, WARD 5                                          ______            _______          ________            _______

GRACE AMOS, WARD 6                                  ______            _______          ________            _______

ANTHONY PAGE, WARD 7                                             ______            _______          ________            _______

 

                                                                                                                                                                                                                                                            

ACTION TAKEN: