Title
A Resolution of the Lexington-Fayette Urban County Government directing the Lexington-Fayette Urban County Government Public Facilities Corporation to take certain formal actions as the agency and instrumentality and as the constituted authority of the Lexington-Fayette Urban County Government; specifically directing the issuance of and authorizing and approving Lease Revenue Refunding Bonds (Eastern State Hospital Project), Series 2021 (the "Series 2021 Bonds") of the Lexington-Fayette Urban County Government Public Facilities Corporation; and authorizing other actions in connection therewith. [Dept. of Finance, O'Mara]
Summary
Authorization to approve the Public Facilities Corporation to authorize and approve the issuance of the Eastern State Hospital Project Refunding Bonds, Series 2021 by the Finance and Administration Cabinet of the Commonwealth of Kentucky. (L1270-19) (O'Mara)
Budgetary Implications: N/A
Advance Document Review:
Law: Yes, Completed by [David Barberie, November 18, 2019
Risk Management: No
Fully Budgeted: N/A
Account Number: N/A
This Fiscal Year Impact: $0
Annual Impact: $0
Project:
Activity:
Budget Reference:
Current Balance:
Body
WHEREAS, the Lexington-Fayette Urban County Government Public Facilities Corporation (the "Corporation"), a nonprofit, no-stock corporation, has been duly organized and created pursuant to the provisions of Kentucky law to act as the agency and instrumentality of the Lexington-Fayette Urban County Government in the planning, development, construction, installation and financing of public governmental projects, as provided by Chapter 58 of the Kentucky Revised Statutes;
WHEREAS, the Lexington-Fayette Urban County Government has in cooperation with the Finance and Administration Cabinet of the Commonwealth of Kentucky ("FAC") and the Cabinet For Health and Family Services of the Commonwealth of Kentucky ("CHFS"), has previously approved the issuance by the Corporation of Lease Revenue Bonds, Serie...
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