ID 24-7133
Consider adopting a Resolution Declaring The Intention Of The Mayor And The City Council Of The City Of Laurel, Mississippi, To Issue General Obligation Bonds Of The City And/Or, Issue A General Obligation Bond Of The City For Sale To The Mississippi Development Bank And/Or Enter Into A Loan With The Mississippi Development Bank, All In An Aggregate Principal Amount Not To Exceed Three Million Five Hundred Thousand Dollars ($3,500,000) To Raise Money For The Purpose Of (I) Constructing, Maintaining, Reconstructing, Improving, And Repairing Roads And Streets And Acquiring Rights-Of-Way Therefore If Necessary; (Ii) Erecting, Repairing, Improving, Extending Or Maintaining Waterworks Or Water Distribution Systems, And Repairing, Improving And Extending The Same; (Iii) Establishing Erecting, Repairing, Improving, Extending Or Maintaining Sanitary, Storm, Drainage Or Sewerage Systems; (Iv) Constructing, Maintaining, Reconstructing, Improving, And Repairing Bridges And Culverts; And (V) For Other Authorized Purposes Under Mississippi Code Of 1972 Sections 21-33-301 Et Seq., And Sections 31-25-1 Et Seq., As Amended And Supplemented From Time To Time, Including Funding Capitalized Interest, If Applicable And Paying The Costs Of Borrowing; Directing The Publication Of A Notice Of Such Intention; And For Related Purposes.
- Committee
- City Council
- Requested by
- City Clerk's Office
- Introduced
- April 9, 2024
- On agenda
- April 16, 2024
- Passed
- April 16, 2024
Where it was heard
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