25-1091
A. MOTION TO ADOPT Resolution, the title of which is as follows: RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF BROWARD COUNTY, FLORIDA, AUTHORIZING THE ISSUANCE OF WATER AND SEWER UTILITY REVENUE REFUNDING BONDS, SERIES 2025, TO BE ISSUED IN AN AGGREGATE PRINCIPAL AMOUNT NOT EXCEEDING $180,000,000 TO BE APPLIED, TOGETHER WITH OTHER LEGALLY AVAILABLE FUNDS, IF ANY, FOR THE PURPOSES OF (1) REFUNDING ALL OR A PORTION OF THE COUNTY'S WATER AND SEWER UTILITY REVENUE REFUNDING BONDS, SERIES 2015A AND THE COUNTY'S WATER AND SEWER UTILITY REVENUE REFUNDING, SERIES 2015B AND (2) PROVIDING FOR THE COSTS OF ISSUANCE OF THE SERIES 2025 BONDS; DELEGATING TO THE COUNTY ADMINISTRATOR, WITHIN THE PARAMETERS SET FORTH HEREIN, THE AUTHORITY TO PROVIDE CERTAIN TERMS, PROVISIONS AND PROVIDERS OF SERVICES FOR THE SERIES 2025 BONDS; AUTHORIZING THE EXECUTION AND DIRECTING THE AUTHENTICATION AND DELIVERY OF THE SERIES 2025 BONDS; PROVIDING FOR A BOOK-ENTRY SYSTEM; AUTHORIZING THE COMPETITIVE SALE OF THE SERIES 2025 BONDS; APPROVING THE FORM OF THE NOTICE OF SALE OF THE SERIES 2025 BONDS AND DELEGATING TO THE COUNTY ADMINISTRATOR THE AUTHORITY TO CONSUMMATE SUCH SALE AND TO AWARD THE SERIES 2025 BONDS PURSUANT TO SUCH NOTICE OF SALE; APPROVING THE FORM AND AUTHORIZING THE DISTRIBUTION AND USE OF A PRELIMINARY OFFICIAL STATEMENT AND AUTHORIZING THE EXECUTION, DISTRIBUTION AND USE OF A FINAL OFFICIAL STATEMENT RELATING TO THE SERIES 2025 BONDS; APPROVING THE FORM AND AUTHORIZING THE EXECUTION AND DELIVERY OF A DISCLOSURE DISSEMINATION AGENT AGREEMENT; AUTHORIZING THE CONTINGENT REDEMPTION OF THE REFUNDED SERIES 2015A BONDS AND SERIES 2015B BONDS; AUTHORIZING PROPER OFFICIALS TO DO ALL THINGS DEEMED NECESSARY IN CONNECTION WITH THE ISSUANCE, SALE, EXECUTION AND DELIVERY OF THE SERIES 2025 BONDS; PROVIDING FOR CONFLICTS, SEVERABILITY AND AN EFFECTIVE DATE. ACTION: (T-11:10 AM) Approved Resolution No. 2025-377. VOTE: 9-0. B. MOTION TO ADOPT Resolution amending in certain aspects and restating in its entirety Resolution No. 88-4066 of the Board of County Commissioners of Broward County, Florida adopted on September 6, 1988, as previously amended and supplemented (the “Existing Resolution”), and subject to further approval by at least 51% of the Bondholders as required by the Existing Resolution. ACTION: (T-11:10 AM) Approved Resolution No. 2025-378. VOTE: 9-0.
- Committee
- FINANCE AND ADMINISTRATIVE SERVICES DEPARTMENT
- Introduced
- August 27, 2025
- On agenda
- September 16, 2025
- Passed
- September 16, 2025