File #: 10-00335    Version: 1
Type: Agenda Item Status: Passed
File created: 4/5/2010 In control: BOARD OF SUPERVISORS
On agenda: 4/13/2010 Final action: 4/13/2010
Title: HEARING - Consider recommendations regarding emPowerSBC: Certificates of Participation, as follows: (EST. TIME: 15 MIN.) (4/5 Vote Required) a) To preserve one of the available options for cost-effective emPowerSBC financing, it is recommended that the Board of Supervisors adopt the County of Santa Barbara Resolution Authorizing Delivery and Sale of Certificates of Participation to Provide Financing for the County’s emPowerSBC Program and other capital projects, and Approving Related Documents and Actions. Pursuant to this Resolution, the Board will, among other things, authorize execution and delivery of Certificates of Participation and approve related legal documents. COUNTY EXECUTIVE OFFICER’S RECOMMENDATION: APPROVE
Sponsors: HOUSING AND COMMUNITY DEVELOPMENT
Attachments: 1. Board Letter, 2. Board Letter Revised, 3. Attachment 1: Certificates of Participation Resolution, 4. Attachment 2: County Lease, 5. Attachment 2: County Sublease, 6. Attachment 2: County Trust, 7. Presentation

Title

HEARING - Consider recommendations regarding emPowerSBC: Certificates of Participation, as follows: (EST. TIME: 15 MIN.) (4/5 Vote Required)

 

a) To preserve one of the available options for cost-effective emPowerSBC financing, it is recommended that the Board of Supervisors adopt the County of Santa Barbara Resolution Authorizing Delivery and Sale of Certificates of Participation to Provide Financing for the County’s emPowerSBC Program and other capital projects, and Approving Related Documents and Actions. Pursuant to this Resolution, the Board will, among other things, authorize execution and delivery of Certificates of Participation and approve related legal documents.

 

COUNTY EXECUTIVE OFFICER’S RECOMMENDATION: APPROVE