24-248
A RESOLUTION OF THE MAYOR AND CITY COMMISSION AUTHORIZING THE ISSUANCE OF NOT EXCEEDING $60,000,000 IN AGGREGATE PRINCIPAL AMOUNT OF CITY OF HALLANDALE BEACH, FLORIDA UTILITY SYSTEM REVENUE BONDS, SERIES 2024; PROVIDING FOR THE ISSUANCE OF SUCH SERIES 2024 BONDS TO FINANCE THE 2024 PROJECT; PROVIDING FOR SECURITY FOR THE HOLDERS OF SUCH SERIES 2024 BONDS; AUTHORIZING A COMPETITIVE BID AND APPROVING THE FORM OF THE OFFICIAL NOTICE OF SALE AND SUMMARY NOTICE OF SALE PERTAINING TO SUCH SERIES 2024 BONDS; MAKING CERTAIN PROVISIONS AND AUTHORIZING CERTAIN RESPONSIBILITIES WITH RESPECT TO THE NOTICE, BIDDING AND SALE OF THE SERIES 2024 BONDS; DELEGATING THE AWARD OF THE SALE OF THE SERIES 2024 BONDS TO THE MAYOR; MAKING CERTAIN PROVISIONS AND DELEGATING CERTAIN RESPONSIBILITIES WITH RESPECT TO THE SERIES 2024 BONDS; APPROVING THE FORM OF A PRELIMINARY OFFICIAL STATEMENT AND DELEGATING TO THE MAYOR THE AUTHORITY TO DEEM FINAL FOR CERTAIN PURPOSES AND APPROVE THE USE OF AND DISTRIBUTION OF THE PRELIMINARY OFFICIAL STATEMENT AND FINAL OFFICIAL STATEMENT WITH RESPECT TO THE SERIES 2024 BONDS; APPOINTING A REGISTRAR AND PAYING AGENT; PROVIDING CERTAIN OTHER COVENANTS AND AGREEMENTS IN CONNECTION WITH THE ISSUANCE THEREOF; PROVIDING CERTAIN OTHER MATTERS IN CONNECTION THEREWITH; AND PROVIDING AN EFFECTIVE DATE. (STAFF: FINANCE DIRECTOR)
- Committee
- City Commission
- Requested by
- Finance Department
- Introduced
- May 21, 2024
- On agenda
- September 25, 2024