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File #: 030597    Version: 0 Name: Gainesville Guaranteed Entitlement Bond (B)
Type: Resolution Status: Adopted
File created: 11/10/2003 In control: City Attorney
On agenda: Final action: 11/10/2003
Title: GAINESVILLE GUARANTEED ENTITLEMENT BOND RESOLUTON (B) A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF GAINESVILLE, FLORIDA, SUPPLEMENTING RESOLUTION NO. R-94-15, AND PROVIDING FOR THE CURRENT REFUNDING OF A PORTION OF THE CITY'S OUTSTANDING GUARANTEED ENTITLEMENT REFUNDING AND REVENUE BONDS, SERIES 1994; AUTHORIZING THE ISSUANCE OF THE CITY OF GAINESVILLE, FLORIDA GUARANTEED ENTITLEMENT REVENUE REFUNDING BONDS, SERIES 2004 IN THE AGGREGATE PRINCIPAL AMOUNT NOT EXCEEDING $11,500,000 AS ADDITIONAL BONDS ON A PARITY WITH THE GUARANTEED ENTITLEMENT REFUNDING AND REVENUE BONDS, SERIES 1994 NOT BEING REFUNDED; FINDING THAT THE REQUIREMENTS FOR THE ISSUANCE OF ADDITIONAL BONDS SHALL HAVE BEEN SATISFIED PRIOR TO THE ISSUANCE OF SAID BONDS; PROVIDING THE FORM OF SAID BONDS; PROVIDING FOR THE APPLICATION OF THE COVENANTS IN RESOLUTION NO. R-94-15 TO SAID BONDS; DELEGATING TO THE CITY MANAGER, THE ADMINISTRATIVE SERVICES DIRECTOR OR THE FINANCE DIRECTOR THE AUTHORITY TO AWARD THE SALE OF S...
Attachments: 1. 030597.TIF, 2. 030597_Resolution_20031110
title
GAINESVILLE GUARANTEED ENTITLEMENT BOND RESOLUTON (B)

A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF GAINESVILLE, FLORIDA, SUPPLEMENTING RESOLUTION NO. R-94-15, AND PROVIDING FOR THE CURRENT REFUNDING OF A PORTION OF THE CITY'S OUTSTANDING GUARANTEED ENTITLEMENT REFUNDING AND REVENUE BONDS, SERIES 1994; AUTHORIZING THE ISSUANCE OF THE CITY OF GAINESVILLE, FLORIDA GUARANTEED ENTITLEMENT REVENUE REFUNDING BONDS, SERIES 2004 IN THE AGGREGATE PRINCIPAL AMOUNT NOT EXCEEDING $11,500,000 AS ADDITIONAL BONDS ON A PARITY WITH THE GUARANTEED ENTITLEMENT REFUNDING AND REVENUE BONDS, SERIES 1994 NOT BEING REFUNDED; FINDING THAT THE REQUIREMENTS FOR THE ISSUANCE OF ADDITIONAL BONDS SHALL HAVE BEEN SATISFIED PRIOR TO THE ISSUANCE OF SAID BONDS; PROVIDING THE FORM OF SAID BONDS; PROVIDING FOR THE APPLICATION OF THE COVENANTS IN RESOLUTION NO. R-94-15 TO SAID BONDS; DELEGATING TO THE CITY MANAGER, THE ADMINISTRATIVE SERVICES DIRECTOR OR THE FINANCE DIRECTOR THE AUTHORITY TO AWARD THE SALE OF SAID BONDS TO MORGAN KEEGAN & COMPANY, INC. ON A NEGOTIATED BASIS; APPROVING THE FORM AND AUTHORIZING THE EXECUTION OF A FORWARD DELIVERY PURCHASE CONTRACT; APPROVING THE FORM OF A PRELIMINARY OFFICIAL STATEMENT AND DELEGATING TO THE CITY MANAGER, THE ADMINISTRATIVE SERVICES DIRECTOR OR THE FINANCE DIRECTOR TO DEEM IT FINAL FOR PURPOSES OF SECURITIES EXCHANGE COMMISSION RULE 15c2-12; AUTHORIZING THE EXECUTION OF AN OFFICIAL STATEMENT PERTAINING TO SAID BONDS; APPROVING THE FORM AND AUTHORIZING THE EXECUTION OF AN ESCROW DEPOSIT AGREEMENT AND DESIGNATING AN ESCROW AGENT THEREUNDER; APPROVING THE FORM AND AUTHORIZING THE EXECUTION OF A CONTINUING DISCLOSURE CERTIFICATE; AUTHORIZING THE ACCEPTANCE OF A COMMITMENT FOR BOND INSURANCE FROM AMBAC ASSURANCE CORPORATION; DESIGNATING THE BOND REGISTRAR AND PAYING AGENT FOR SAID BONDS; AUTHORIZING CERTAIN OFFICIALS OF THE CITY TO EXECUTE ANY DOCUMENTS OR TO TAKE ANY ACTIONS REQUIRED IN CONNECTION WITH THE ISSUANCE OF SAID BONDS AND THE RE...

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