Lexington-Fayette Urban County Government - File #: 0652-20

• File #: 0652-20
• Version: 1
• Name: Authorization for Advertisement and Distribution of Preliminary Official Statement of LCC Lease Revenue Bonds, Series 2020
• Type: Ordinance
• Status: Approved
• File created: 6/24/2020
• In control: Urban County Council
• On agenda: 7/9/2020
• Final action: 7/9/2020
• Enactment date: 7/9/2020
• Enactment #: O-063-2020
• Title: An Ordinance of the Lexington-Fayette Urban County Government directing and authorizing the advertisement for bids and distribution of a preliminary official statement by the Lexington-Fayette Urban County Government Public Facilities Corporation for the purchase of its taxable project Refunding Bonds, Series 2020 (Lexington-Fayette Urban County Government General Obligation) in an approximate principal amount of thirty-four million dollars ($34,000,000). [Dept. of Finance, O'Mara]

Date	Ver.	Action By	Action	Result
7/9/2020	1	Urban County Council	Approved	Pass
7/7/2020	1	Urban County Council	Received First Reading

Title
An Ordinance of the Lexington-Fayette Urban County Government directing and authorizing the advertisement for bids and distribution of a preliminary official statement by the Lexington-Fayette Urban County Government Public Facilities Corporation for the purchase of its taxable project Refunding Bonds, Series 2020 (Lexington-Fayette Urban County Government General Obligation) in an approximate principal amount of thirty-four million dollars ($34,000,000). [Dept. of Finance, O'Mara]
Summary
Authorization to execute an Ordinance of the Lexington-Fayette Urban County Government directing and authorizing the advertisement for bids and distribution of a Preliminary Official Statement by the Lexington-Fayette Urban County Government Public Facilities Corporation for the purchase of its Lease Revenue Bonds, Series 2020. (Lexington Center Corporation-Lexington-Fayette Urban County Government General Obligation) (Federally Taxable) in the approximate principal amount of $34,000,000. [L0652-20] [O'Mara]
Budgetary Implications: NO
Advance Document Review:
Law: Yes, Completed by Dave Barberie, 06/24/2020
Risk Management: N/A
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 (the "Lexington-Fayette Urban County Government") adopted an ordinance entitled:
AN ORDINANCE 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, AUTHORIZING, AND APPROVING THE ISSUANCE BY SAID LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT PUBLIC FACILITIES CORPORATION OF ITS TAXABLE PROJECT REFUNDING BONDS, SERIES 2020 (LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT GENERAL OBLIGATION), IN THE...