AGENDA (Supporting Docs)

US 441&27 COMMUNITY REDEVELOPMENT AGENCY

COMMISSION CHAMBERS, CITY HALL

MONDAY, OCTOBER 12, 2009 5:15 PM

 

 

1.      CALL TO ORDER

 

2.      APPROVE MINUTES:

 

A.    Meeting held September 28, 2009 (Supporting Docs)

 

3.      RESOLUTIONS:

 

A.    A resolution of The Community Redevelopment Agency for the US Highway 441 & 27 Area providing for the issuance of Tax Increment Revenue Bonds and other Parity Obligations of the Agency to finance the acquisition and construction of community redevelopment projects in the redevelopment area of such Agency; providing for the payment and security thereof; making certain Covenants and Agreements in connection therewith; providing for and authorizing the issuance of its Tax Increment Revenue Bonds, Series 2009 in the original aggregate principal amount not to exceed $16,000,000 as the initial series of Bonds hereunder for the purpose of financing and refinancing certain costs of undergrounding and/or relocating Electric and other utility lines and related improvements; establishing criteria for determining interest rates, provisions for redemption, and maturity schedules for such Series 2009 Bonds; establishing the reserve requirement therefore; authorizing the Chairman or Vice Chairman to award the sale of said series 2009 Bonds to the Underwriters described herein pursuant to a negotiated sale and approving the terms and criteria for such sale; approving the form and authorizing the execution and delivery of a Bond Purchase Contract; approving the form of a Preliminary Official Statement with respect to the series 2009 Bonds and authorizing the Chairman, Vice Chairman or Executive Director to deem the Preliminary Official Statement final in accordance with SEC Rule 15C2-12; authorizing the execution of a Final Official Statement; Approving the form and authorizing the execution of a continuing disclosure commitment; authorizing the purchase of Bond Insurance and Reserve Product and the selection of a Bond Insurer with respect to the Series 2009 Bonds; approving the form of and authorizing the execution and delivery of an Interlocal Agreement with the City of Leesburg; providing certain other details with respect thereto; providing for severability; and providing an effective date. (Agenda Memos, Supporting Docs)

 

4.      ROLL CALL:

 

5.      ADJOURN: