HomeMy WebLinkAbout2013-OR-21 FAILEDRESOLUTION NO. 1
A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF
JEFFERSONVILLE, INDIANA APPROVING THE ISSUANCE OF BONDS
BY THE JEFFERSONVILLE-CLARKSVILLE FLOOD CONTROL
DISTRICT
WHEREAS, the Jeffersonville -Clarksville Flood Control District (the "District") has
approved certain improvements to the Cane Run and Mill Creek Flood Basins (the "Flood Control
Basins"); and
WHEREAS, the District has approved the issuance of the District's Flood Control
Improvement Bonds in the amount not to exceed $7,500,000 to pay the cost of the improvements to
the Flood Control Basins (the "Bonds"); and
WHEREAS, the District has requested that the City of Jeffersonville through this Common
Council approve the issuance of the Bonds pursuant to IC 6-1-1-17-20.5; and
WHEREAS, this Common Council finds that the improvements of the Flood Basins to
alleviate flooding within the City of Jeffersonville is a direct benefit to the citizens and the Cit of
Jeffersonville. y
NOW, THEREFORE, BE IT RESOLVED BY the Common Council of the City of
Jeffersonville, Indiana that:
Section 1. The Common Council hereby approves the issuance of the District's Bonds
in an amount not to exceed $7,500,000 for the purpose of paying for improvements to the Flood
Control Basins.
Section 2. The Clerk -Treasurer is hereby directed to file a copy of this Resolution with
the Jeffersonville -Clarksville Flood Control District Board of Commissioners.
Passed and Adopted this day of 2013.
Attest:
Clerk
COMMON COUNCIL, CITY OF
JEFFERSONVILLE, INDIANA
Presiding Officer
Presented by me to the Mayor of the City of Jeffersonville this day of
, 2013 at p.m.
Clerk
Signed and approved by me, the Mayor of the City of Jeffersonville, this day of
, 2013 at p.m.
INDS01 I374237v1
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Mayor