File #: 10-00334    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: Limited Obligation Improvement Bonds, as follows: (EST. TIME: 15 MIN.) 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 Issuance of Limited Obligation Improvement Bonds, Approving and Directing the Execution of Related Documents and Approving Related Actions. Pursuant to this Resolution, the Board will, among other things, authorize the issuance of Limited Obligation Bonds and approve related documents. COUNTY EXECUTIVE OFFICER’S RECOMMENDATION: APPROVE
Sponsors: HOUSING AND COMMUNITY DEVELOPMENT
Attachments: 1. Board Letter, 2. Attachment 1: Limited Obligation Improvement Bonds Resolution, 3. Attachment 2A: County of Santa Barbara Master Indenture, 4. Attachment 2B: County Form Supplemental Indenture, 5. Presentation

Title

HEARING - Consider recommendations regarding emPowerSBC: Limited Obligation Improvement Bonds, as follows: (EST. TIME: 15 MIN.)

 

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 Issuance of Limited Obligation Improvement Bonds, Approving and Directing the Execution of Related Documents and Approving Related Actions. Pursuant to this Resolution, the Board will, among other things, authorize the issuance of Limited Obligation Bonds and approve related documents.

 

COUNTY EXECUTIVE OFFICER’S RECOMMENDATION: APPROVE