Title
An Ordinance of the Lexington-Fayette Urban County Government authorizing the issuance of its (i) Various Purpose General Obligation Bonds, Series 2014B, in one or more subseries, in an aggregate principal amount not to exceed $29,000,000; and (ii) Energy Conservation General Obligation Bonds, Series 2014C (Federally Taxable - Qualified Energy Conservation Bond - direct payment to the issuer) in a principal amount not to exceed $3,000,000; approving a form of each series of Series 2014 Bonds; authorizing designated officers to execute and deliver the Series 2014 Bonds; authorizing and directing the filing of notice with the State Local Debt Officer; providing for the payment and security of the series 2014 Bonds; creating a Sinking Fund; creating a Bond Payment Fund for each series of Series 2014 Bonds; authorizing acceptance of the bid(s) of the bond purchaser(s) of the Series 2014 Bonds; and repealing inconsistent ordinances. [Council Office, Maynard]
Body
WHEREAS, the Lexington-Fayette Urban County Government has previously determined the necessity of financing the acquisition of various equipment for departments within the Lexington-Fayette Urban County Government, including, but not limited to, (i) managed email solution/exchange, storage area network, new tax revenue system, procurement website upgrade, Accela software, network infrastructure remediation, police patrol transport wagon, general repairs, life safety, autos vehicle replacement, pothole patcher, public safety ops/Lexcall center, sidewalk and catch basin repair, sidewalks, jail management system, public safety radio system, roof repair and replacement, HVAC repair and replacement, infrastructure improvements, Shillito multipurpose sports fields, Carver Center improvements, dugout replacement, aquatics improvements, Kentucky Theatre concession renovation, fire training tower, land acquisition and fire station design #24 and relocation of fire station #2, (ii) providing funding fo...
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