Adopted Date
Document File
Resolution 3653.pdf2.63 MB
Resolution Category
Bonds
Status
Active
Description
Authorizing the issuance and sale of revenue refunding bonds in multiple series, in the aggregate principal amount of not to exceed $140,000,000 for the purpose of refunding certain outstanding revenue bonds of the Port and paying costs of issuance; authorizing preliminary and final official statements; authorizing the Chief Executive Officer to approve the sale date or dates, final principal amounts, interest rates, payment dates, redemption provisions, maturity dates and principal maturities for the bonds; authorizing the Designated Port Representative to appoint an escrow agent and execute an escrow agreement; and providing for a negotiated sale of the bonds to Merrill Lynch, Pierce, Fenner & Smith Incorporated, Backstrom McCarley Berry & Co., LLC, Barclays Capital Inc., Drexel Hamilton, LLC, J.P. Morgan Securities LLC, and Morgan Stanley & Co. LLC.
