Title
A Resolution authorizing the issuance of up to $4,500,000 of Educational Building Revenue Refunding Bonds, Series 2015 (Sayre College Project) issued by the County of Clark, Ky., the proceeds of which shall be loaned to Sayre College a/k/a Sayre School, a non-profit corporation to finance the cost of refunding the Lexington-Fayette Urban County Government Educational Building Revenue Refunding and Improvement Bonds, Series 2010 (Sayre College Project) ("Prior Bonds"), which Prior Bonds were used to refund earlier obligations, which proceeds were used to construct, install, renovate and equip certain capital improvements to the facilities of Sayre College a/k/a Sayre School, located at 240 North Limestone, Lexington, Ky. and renovating certain facilities owned by Sayre College a/k/a Sayre School located at 129 and 133 Constitution St., Lexington, Ky. for use as offices for academic services. [Mayor's Office, Atkins]
Body
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