HomeMy WebLinkAbout2001-R-15 0 -R- 15
A RESOLUTION APPROVING THE SALE
OF THE CITY OF JEFFERSONVILLE'S INTEREST IN
THE JEFFERSONVILLE-CLARK COUNTY CITY-COUNTY BUILDING
WHEREAS, the City of Jeffersonville, Indiana ("City") has entered into a Lease Agreement,
dated March 11, 1968, as amended by Amendment No. 1 dated October 13, 1988 and Amendment
No. 2 dated March 25, 1998 (collectively, "Lease") by and among the City, the Seffersonville-Clark
County Building Authority ("Authority") and Clark County, Indiana; and
WHEREAS, the City will, at or prior to the issuance of the Authority's City-County Building
Lease Rental Bonds of 2001 ("Bonds"), convey its option to purchase and its equity interest in the
existing city-county building acquired under the Lease pursuant to IC 36-1-11-8; and
NOW, THEREFORE, BE IT RESOLVED BY THE JEFFERSONVILLE COMMON
COUNCIL, THAT:
Section 1. The Common Council hereby authorizes the City to, at or prior to the issuance of
the Authority's Bonds, convey its option to purchase and its equity interest in the existing city-county
building to the Authority for not less than the amount of $1,$00,000.00.
Section 2. This Resolution shall be in full force and effect from and after its passage and
approval and execution by the Mayor.
HKDYO1 !
PASSED AND ADOPTED by the Common Council of the City of Jeffersonville, Indiana,
this ~_ day of July, 2001.
ATTEST:
COMMON COLrNCIL OF THE
JEFFERSONVILLE, iNDIANA
' o~mas R~. Gallig~ ~er
CITY OF
P~gg~'--W.~°d~, Cle;k-T-~eeasurer
Presented by me to the Mayor of the City of Jeffersonville this ~ day of July, 2001 at
egg~ler~:-Treasurer
Signed and approved by me, the Mayor of the City of Jeffersonville on this
of July, 2001 at : .m.
hgan, M yo
day
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