RESOLUTION NO. 22-08. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PINELLAS PARK, PINELLAS COUNTY, FLORIDA, SUPPLEMENTING A RESOLUTION ADOPTED ON EVEN DATE HEREWITH, AND AUTHORIZING THE AWARD OF ITS NOT TO EXCEED $35,000,000 AGGREGATE PRINCIPAL AMOUNT OF THE CITY OF PINELLAS PARK, FLORIDA CAPITAL IMPROVEMENT REVENUE BONDS, SERIES 2022, UPON THE SATISFACTION OF CERTAIN PARAMETERS DESCRIBED HEREIN, FOR THE PURPOSE OF FINANCING AND REFINANCING, INCLUDING THROUGH REIMBURSEMENT, THE DEMOLITION, ACQUISITION, DESIGN, CONSTRUCTION, AND EQUIPPING OF VARIOUS CAPITAL IMPROVEMENTS WITHIN THE CITY; AUTHORIZING A NEGOTIATED SALE AND APPROVING THE FORM OF, AND THE EXECUTION AND DELIVERY OF, THE PURCHASE CONTRACT PERTAINING TO SUCH BONDS; MAKING CERTAIN PROVISIONS AND DELEGATING CERTAIN RESPONSIBILITIES WITH RESPECT TO THE SALE OF SUCH BONDS; APPROVING THE FORM OF, AND AUTHORIZING THE EXECUTION AND DELIVERY OF, A CONTINUING DISCLOSURE CERTIFICATE; APPROVING THE FORM OF AND THE DISTRIBUTION OF A PRELIMINARY OFFICIAL STATEMENT AND AUTHORIZING THE EXECUTION AND DELIVERY OF A FINAL OFFICIAL STATEMENT PERTAINING TO SAID BONDS; APPOINTING A PAYING AGENT AND REGISTRAR; MAKING CERTAIN COVENANTS AND AGREEMENTS IN CONNECTION THEREWITH; AUTHORIZING CERTAIN OFFICIALS OF THE CITY OF PINELLAS PARK, FLORIDA TO EXECUTE ANY DOCUMENT OR TO TAKE ANY ACTIONS REQUIRED IN CONNECTION WITH THE NEGOTIATED SALE, ISSUANCE AND DELIVERY OF SUCH BONDS; PROVIDING FOR SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE FIRST AND FINAL READING

Committee

City Council

Requested by

Finance

Introduced

April 28, 2022

On agenda

April 28, 2022