TITLE
INDUSTRIAL DEVELOPMENT REVENUE BONDS - GOODWILL INDUSTRIES OF NORTH FLORIDA, INC. (B)
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF GAINESVILLE, FLORIDA AUTHORIZING THE ISSUANCE OF THE CITY OF GAINESVILLE, FLORIDA INDUSTRIAL DEVELOPMENT REVENUE BONDS (GOODWILL INDUSTRIES OF NORTH FLORIDA, INC. PROJECT), SERIES 2010, IN AN AGGREGATE PRINCIPAL AMOUNT NOT EXCEEDING $4,800,000, FOR THE PURPOSE OF MAKING A LOAN OF FUNDS TO GOODWILL INDUSTRIES OF NORTH FLORIDA, INC. RELATED TO THE REFUNDING OF THE JACKSONVILLE ECONOMIC DEVELOPMENT COMMISSION VARIABLE/FIXED RATE DEMAND REVENUE BONDS (GOODWILL INDUSTRIES OF NORTH FLORIDA, INC. PROJECT) SERIES 2003 AND THE FINANCING AND/OR REFINANCING OF THE ACQUISITION, CONSTRUCTION AND EQUIPPING OF CERTAIN SOCIAL SERVICE CENTER FACILITIES IN THE CITY OF GAINESVILLE, FLORIDA, THE CITY OF JACKSONVILLE, FLORIDA AND FLAGLER COUNTY, FLORIDA; PROVIDING THAT SUCH REVENUE BONDS SHALL NOT CONSTITUTE A DEBT, LIABILITY OR OBLIGATION OF THE CITY OF GAINESVILLE, FLORIDA, THE CITY OF JACKSONVILLE, FLORIDA, FLAGLER COUNTY, FLORIDA OR THE STATE OF FLORIDA OR ANY POLITICAL SUBDIVISION THEREOF, BUT SHALL BE PAYABLE SOLELY FROM THE REVENUES HEREIN PROVIDED; APPROVING AND AUTHORIZING THE EXECUTION AND DELIVERY OF A LOAN AGREEMENT WITH GOODWILL INDUSTRIES OF NORTH FLORIDA, INC. TO PROVIDE SECURITY FOR SUCH BONDS AND FOR OTHER MATTERS THEREIN PROVIDED; APPROVING AND AUTHORIZING THE EXECUTION AND DELIVERY OF AN INDENTURE OF TRUST WITH RESPECT TO THE BONDS; APPOINTING U.S. BANK NATIONAL ASSOCIATION AS INITIAL TRUSTEE UNDER SUCH INDENTURE OF TRUST; AUTHORIZING THE MAYOR OR MAYOR-COMMISSIONER PRO TEM TO AWARD THE SALE OF THE BONDS TO SUNTRUST BANK AND APPROVING THE CONDITIONS AND CRITERIA OF SUCH SALE; APPROVING THE FORM AND AUTHORIZING THE EXECUTION OF A TAX REGULATORY AGREEMENT; APPROVING AND AUTHORIZING THE EXECUTION AND DELIVERY OF CERTAIN OTHER DOCUMENTS REQUIRED IN CONNECTION WITH THE FOREGOING; AND PROVIDING CERTAIN OTHER DETAILS IN CONNECTION...
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