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 (I) Various Purpose General Obligation Bonds, Series 2013C in an amount not to exceed $18,250,000; and (II) Various Purpose General Obligation Refunding Bonds, Series 2013D in a principal amount not to exceed $80,000,000. [Dept. of Finance, O'Mara]
Body
WHEREAS, the Lexington-Fayette Urban County Government has previously determined the necessity of (i) financing the acquisition of various equipment for departments within the Lexington-Fayette Urban County Government, including, but not limited to, communications and computer equipment and other equipment, traffic engineering equipment, police and fire equipment, police and fire vehicles, and golf carts; (ii) financing various projects for departments within the Lexington-Fayette Urban County Government, including, but not limited to, remodeling and renovation of public safety buildings, Kentucky Theatre, maintenance building, fire stations, street and sidewalk improvements, various park projects and improvements, HVAC system maintenance and weather and emergency systems upgrades; (iii) financing the redesign of Rupp Arena and Convention Center; and (iv) providing funding for a program to preserve and manage agricultural, rural and natural lands, including the purchase of conservation easements or development rights (collectively, the "Series 2013C Project"); and
WHEREAS, the Lexington-Fayette Urban County Government has determined to proceed with the advertisement of bids for the purchase of its Various Purpose General Obligation Bonds, Series 2013C (the "Series 2013C Bonds") in the principal amount not to exceed $18,250,000, in order to (i) provide funds to finance the Series 2013C Project, and (ii) pay the costs of issuing the Series 2013C Bonds; and
WHEREAS, the Lexing...
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