HomeMy WebLinkAbout2012-R-01 RESOLUTION NO. 2012-R-
BEFORE THE COMMON COUNCIL
FOR THE CITY OF JEFFERSONVILLE
STATE OF INDIANA
DECLARATION OF OFFICIAL INTENT
TO REIMBURSE EXPENDITURES
WHEREAS, the City of Jeffersonville, Indiana ( "City") intends to finance the co ts of
constructing and equipping a police station, together with all necessary appurtenane.• and
related improvements and incidental expenses in connection therewith in accordance wi i the
plans and specifications to be developed by the City (the "Project "); and
WHEREAS, the City expects to issue debt not exceeding $12,726,000 in at gate
principal amount for purposes of paying and reimbursing costs of the Project;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY THAT:
Section 1. The City hereby declares its official intent to complete the Proje t; to
reimburse certain costs of completing the Project with proceeds of either temporary or long term
debt to be incurred by the City, and to issue debt not exceeding $12,726,000 in al I, gate
principal amount for purposes of paying and reimbursing costs of the Project.
Section 2. This resolution shall be in full force and effect upon its passage.
ADOPTED this /4 day of `"Br's"` , 2012.
Ed Zastawny, Co 11 President
Presiding Officer
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ATTEST:
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Vicki Conlin, Clerk
Presented by me as Clerk to the Mayor of said City of Jeffersonville this / 3 d y of
0 y„ r , 2012 at /0:00 /J- m.
Vicki Conlin, Cl
o ll
This Resolution approved and signed by me this / 7 ay ' ' 2012.
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Mike Moo , Mayor
Prepared by:
Les D. Merkley
City Attorney
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