An Ordinance authorizing the issuance of University Center Facilities Corporation V Installment Purchase Revenue Bonds (City of Rock Hill project) in one or more series in the aggregate principal amount of not exceeding $17,000,000, by University Center Facilities Corporation V to provide funding to finance the costs of acquiring certain parking facilities and to finance the costs of acquisition and construction of certain other public projects; authorizing the execution and delivery of a Base Lease and Conveyance Agreement by and between the City and the Corporation, and the conveyance of certain property of the City to the Corporation thereunder; authorizing the execution and delivery of a Municipal Facilities Purchase and Occupancy Agreement by and between the City and the Corporation; consenting to the form of a trust agreement to be entered into by the Corporation and the Trustee for the bonds; and making provision for all other matters relating to the foregoing.

Committee

City Council

Introduced

September 18, 2020

On agenda

December 14, 2020

Passed

December 14, 2020