A Resolution Of The City Commission Of The City Of Hollywood, Florida, Accepting And Ratifying Staff’s Recommendation For Bid No. IFB-190-24-OT, A Bid For A Fiscal Year 2024 Bank Loan; Accepting The Response Of Webster Bank, N.A. For A Loan To Finance The Acquisition Of Municipal Vehicles; Authorizing The Loan And The Related Issuance Of Private Hauler Franchise Fee Revenue Note, Series 2024, In The Aggregate Principal Amount Not To Exceed $6,600,000.00; Awarding The Note; Approving Execution And Delivery Of A Loan Agreement And The Note In Connection With Such Loan; Authorizing Proper Officers And Employees To Do All Things Deemed Necessary In Connection With The Issuance Of The Note; Providing For Severability.

Committee

Office of the City Manager

Requested by

Office of the City Manager

Introduced

May 8, 2024

On agenda

June 5, 2024

Passed

June 5, 2024

Where it was heard

Regular City Commission Meeting Jun 5, 2024 adopt Pass

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