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File #: 0794-18    Version: 1 Name: Resolution for Bond Advertisement
Type: Resolution Status: Approved
File created: 7/30/2018 In control: Urban County Council
On agenda: 8/16/2018 Final action: 8/16/2018
Enactment date: 8/16/2018 Enactment #: R-483-2018
Title: A Resolution of the Lexington-Fayette Urban County Government authorizing the advertisement for bids and the distribution of a preliminary official statement for the purchase of the principal amount of its various purpose General Obligation Bonds, Series 2018A, in an aggregate principal amount of $46,000,000 (which amount may be increased by an amount of up to ten percent (10%)). [Dept. of Finance, O'Mara]
Attachments: 1. Memo FY 19 2018A Resolution Advertisement and sale, 2. Resolution re Ad for Bids (New Money) - LFUCG - 2018A - GO (2018), 3. RESOLUTION - 483-2018.pdf

Title

 

A Resolution of the Lexington-Fayette Urban County Government authorizing the advertisement for bids and the distribution of a preliminary official statement for the purchase of the principal amount of its various purpose General Obligation Bonds, Series 2018A, in an aggregate principal amount of $46,000,000 (which amount may be increased by an amount of up to ten percent (10%)). [Dept. of Finance, O'Mara]

Summary

Authorization to advertise bids as well as the distribution of a Preliminary Official Statement for the purchase of the principal amount of its Various Purpose General Obligation Bonds, series 2018A in an aggregate Principle amount not to exceed 46,000,000(which May be increased by 10%). Department needs this action completed because: Required component of the Issuance of the FY 2019 GO 2018A CIP Bonds. There is no Budgetary impact. (0794-18)(O’Mara)

 

Budgetary Implications [select]: NO

Advance Document Review:

Law: {No, Completed by [Attorney Name, Date]}

Risk Management:  {Select Yes/No, Completed by [Official, Date]}

Fully Budgeted [select]: Yes/No/Partial

Account Number:                     1101-141401-1897-78401

This Fiscal Year Impact:                     $

Annual Impact:                      $

Project:

Activity:

Budget Reference:

Current Balance:

Body

{COUNCIL CLERK’S OFFICE WILL COMPLETE - Body of Resolution or Ordinance}