AUTHORIZATION TO EXECUTE DELIVERY OF DOCUMENTS TO PROCEED WITH ISSUANCE

Staff Report & Agenda Item Details

AUTHORIZATION TO EXECUTE DELIVERY OF DOCUMENTS TO PROCEED WITH ISSUANCE THEREOF Kate Leverett - What this agenda item does is on April 29th, I will come with a very large binder of all of the documents that you all have to sign and everything should be pretty much finalized, but if for some reason prior to us submitting to the bond transcript to the Attorney General, if we have to, it would be not a substance of change, it would be more of a typo or clerical error, this just gives us authority to go directly to Jerry or the Board President to sign and not constantly have these Special Meetings. Just in case we would need them to sign something like a certificate. It will be a large binder of documents that we send to the Attorney General and the Attorney General reviews it and blesses the bonds and then 1 they are non-contestable after we get the Attorney General to sign off on it. We should close on the bonds and have the funds delivered by May 22. Director Woody made a Motion to approve action to authorize execution and delivery of documents, notices and certificates as may be necessary to proceed with issuance of the Bonds and to authorize the District Manager and other District Officials to take such action and to execute such documents as may be necessary for such sale and issuance of the Bonds. The motion was seconded by Secretary Hankamer and it passed by unanimous vote. Director Woody made a Motion to approve Accounts Payable. The motion was seconded by Vice Pre

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.8/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.