Broward County Commission Regular Meeting
Director's Name: George Tablack
Department: Finance and Administrative Services Division: Administration
Information
Requested Action
title
MOTION TO ADOPT Resolution of the Board of County Commissioners of Broward County, Florida, authorizing the issuance of the County's Water and Sewer Utility Revenue Bonds, Series 2022A, to be issued in an aggregate principal amount not exceeding $200,000,000 to be applied, together with other legally available funds, if any, for the purposes of (1) paying all or a portion of the costs of additional improvements to the County's Water and Sewer Utility, (2) providing for funding of the Reserve Account Requirement, and (3) providing for the costs of issuance of the Series 2022A Bonds; delegating to the County Administrator, within the parameters set forth herein, the authority to provide certain terms, provisions and providers of services for the Series 2022A Bonds; authorizing the execution and directing the authentication and delivery of the Series 2022A Bonds; providing for a book-entry system; finding the necessity for a negotiated sale of the Series 2022A Bonds; approving the form and authorizing the execution and delivery of a purchase contract providing for the sale of the Series 2022A Bonds to the underwriters named therein and delegating to the County Administrator the authority to consummate such sale and to award the Series 2022A Bonds pursuant to the Purchase Contract; approving the form and authorizing the distribution and use of a Preliminary Official Statement and authorizing the execution; approving the form of and authorizing the execution and delivery of a Third Amendment and Supplement to Construction Account and Reserve Account Trust Indenture and appointing Regions Bank as Trustee to act thereunder; authorizing the distribution and use of a final Official Statement relating to the Series 2022A Bonds; approving the form and authorizing the execution and...
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