header-left
File #: 0215-13    Version: 1 Name: General Obligation Refunding Bonds
Type: Ordinance Status: Approved
File created: 2/27/2013 In control: Urban County Council
On agenda: 3/7/2013 Final action: 3/7/2013
Enactment date: 3/7/2013 Enactment #: O-028-2013
Title: An Ordinance of Lexington-Fayette Urban County Government authorizing the issuance of Lexington-Fayette Urban County Government Various Purpose General Obligation Refunding Bonds, Series 2013B, in one or more subseries, in an aggregate principal amount not to exceed $10,000,000, for the purpose of advance refunding (i) all or a portion of the outstanding principal amount of Lexington-Fayette Urban County Government General Obligation Bonds (Day Treatment Center, Multi-Use Facility and Expansion Area Boulevard Projects), Series 2004C, the proceeds of which were used to finance the (a) acquisition, construction and equipping of a day treatment facility, (b) acquisition, renovation and equipping of a multi-use facility and (c) acquisition of rights of way and construction of road improvements; (ii) all or a portion of the outstanding principal amount of Lexington-Fayette Urban County Government General Obligation Bonds, Series 2005C, the proceeds of which were used to finance (a) a portio...
Attachments: 1. Official Terms and Conditions of Bond Sale (New Money & GO Refunding) - LFUCG - 2013 - GO.pdf, 2. Ordinance (Series 2013B GO Refunding) - LFUCG - 2013B (2).pdf, 3. Preliminary Official Statement (New Money & GO Refunding) - LFUCG - 2013 - GO.pdf, 4. Ordinance 28-2013.pdf
Title
An Ordinance of Lexington-Fayette Urban County Government authorizing the issuance of Lexington-Fayette Urban County Government Various Purpose General Obligation Refunding Bonds, Series 2013B, in one or more subseries, in an aggregate principal amount not to exceed $10,000,000, for the purpose of advance refunding (i) all or a portion of the outstanding principal amount of Lexington-Fayette Urban County Government General Obligation Bonds (Day Treatment Center, Multi-Use Facility and Expansion Area Boulevard Projects), Series 2004C, the proceeds of which were used to finance the (a) acquisition, construction and equipping of a day treatment facility, (b) acquisition, renovation and equipping of a multi-use facility and (c) acquisition of rights of way and construction of road improvements; (ii) all or a portion of the outstanding principal amount of Lexington-Fayette Urban County Government General Obligation Bonds, Series 2005C, the proceeds of which were used to finance (a) a portion of the costs of providing funding for the Purchase of a Development Rights Program or a program to purchase conservation easements and (b) the renovation and upgrade of space in government office buildings and repairs to parking garages; and (iii) all or a portion of the outstanding principal amount of Lexington-Fayette Urban County Government General Obligation Bonds, Series 2006B, the proceeds of which were used to finance (a) the acquisition and construction of stormwater improvements, (b) neighborhood redevelopment projects, and (c) purchasing police cars; approving a form of Bond; authorizing designated officers to execute and deliver the Bonds; providing for the payment and security of the Bonds; creating a Bond Payment Fund and Escrow Funds; maintaining the heretofore established Sinking Fund; authorizing a Certificate of Award for the acceptance of the bid of the Bond Purchaser for the purchase of the Series 2013B Refunding Bonds; authorizing an Escrow Trust Agreement...

Click here for full text