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Resolution 2964

Submitted by axp920 on Mon, 03/15/2021 - 16:41
Adopted Date
Document File
Resolution Category
Bonds
Status
Active
Description
Providing for the issuance and sale of junior lien revenue bonds of the Port District in the principal amount of $27,000,000 for the purpose of providing funds to redeem and retire the outstanding revenue bond anticipation notes, Series C; fixing the date, form, term, maturities and covenants of said bonds to be issued, authorizing the execution and delivery of a revolving credit agreement, a standby bond purchase agreement and a remarketing agreement; creating a special fund for the payment of the principal of and interest on said bonds; amending Resolution No. 2871; and authorizing the execution of a bond purchase contract.
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