Legislation Details

File #: 24-0052    Version: 1 Name:
Type: Informational Report Status: Public Hearing
File created: 1/16/2024 In control: Board of County Commissioners
On agenda: 1/22/2024 Final action:
Title: Public Hearing on Not to Exceed $87,000,000 Limited Obligation Bonds, Series 2024A & 2024B (20min)
Attachments: 1. Approving Resolution - Durham County 2024AB LOBs - v.pdf, 2. Supplemental Item - Public Hearing - Limited Obligation Bonds (LOBs) Projects - $87 Million
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
No records to display.

Item:                       

Title

Public Hearing on Not to Exceed $87,000,000 Limited Obligation Bonds, Series 2024A & 2024B (20min)

 

Body

Date of BOCC Meeting:  January 22, 2024

 

Request for Board Action:

Agenda Text

The Board is requested to hold a public hearing on the negotiation of an amendment to an installment financing contract in connection with the execution and delivery of not to exceed $87,000,000 Limited Obligation Bonds (the “Bonds”) and the related projects to be financed and refinanced thereby. Following the public hearing, the Board is requested to adopt the attached resolution (the “Resolution”) which authorizes the negotiation of an amendment to an installment financing contract in connection with the execution and delivery of not to exceed $87,000,000 Limited Obligation Bonds. 

 

Copies of all documents referenced in the resolution are on file with the Chief Financial Officer and can be made available to any Board members upon request.

 

 

Alignment with Strategic Plan: Goal 5:  Accountable, Efficient and Visionary Government

 

 

Resource Persons:  Tiffany Murray, Chief Financial Officer; Joe Futima, Assistant Chief Financial Officer; Claudia Hager, Deputy County Manager and Carlos Manzano, Associate, Parker Poe

 

County Manager’s Recommendation:  The County Manager recommends that the Board hold the public hearing and, following the public hearing, adopt the attached Resolution.

 

Signature

County Manager: ____________________________