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2024-0531

Approve and Authorize the Chairman to execute a Resolution of the Board of County Commissioners of Seminole County, Florida, approving, solely for the limited purposes of Section 147(f) of the Internal Revenue Code, the issuance by the Orange County Industrial Development Authority of industrial development revenue and refunding bonds (Central Florida YMCA Project) Series 2024 in an aggregate principal amount not exceeding $18,000,000, in one or more series, for the purpose of providing funds to the Young Men’s Christian Association, Inc. to refinance such entity’s obligations with respect to the Authority’s Industrial Development revenue and refunding bonds, Series 2014 for the acquisition, construction, renovation and equipping of social service facilities, including social service center facilities located in Seminole County at 665 Longwood-Lake Mary Road, Lake Mary, and 7900 Red Bug Lake Road, Oviedo, further described in the Resolution; and providing an effective date. Countywide (Kate Latorre, County Attorney)

Consent Item Passed Introduced April 11, 2024
Committee
Board of County Commissioners
Requested by
County Attorney Office
Introduced
April 11, 2024
On agenda
April 23, 2024
Passed
April 23, 2024

Where it was heard

Board of County Commissioners Apr 23, 2024 approve Pass