2007-0358
INTRODUCED BY: ALBERT D. LAQUE, PARISH PRESIDENT
(BOND COUNSEL)
RESOLUTION NO.
Title
A resolution providing for the review of the bids received for the purchase of Twenty-Seven Million Four Hundred Thousand Dollars ($27,400,000) of Public Improvement Bonds, Series ST-2008 of the Parish of St. Charles, State of Louisiana, approving the Official Notice of Bond Sale and Official Statement in connection therewith, and authorizing the Chairman and Director of Finance to sign copies thereof as evidence of the approval thereof and providing for other matters in connection therewith.
Body
BE IT RESOLVED by the St. Charles Parish Council, acting as the governing authority of the Parish of St. Charles, State of Louisiana (the AParish@):
SECTION 1. This Parish Council (the "Governing Authority") does now proceed in open and public session to announce and review the bids received for the purchase of Twenty-Seven Million Four Hundred Thousand Dollars ($27,400,000) of Public Improvement Bonds, Series ST-2008, of the Parish of St. Charles, State of Louisiana, authorized and duly advertised for sale by virtue of a resolution adopted on November 5, 2007.
SECTION 2. The official Notice of Bond Sale and Official Statement prepared in connection with the sale of the aforementioned Bonds, and the information contained therein, are hereby approved by this Governing Authority and the Chairman and Director of Finance are hereby authorized, empowered and directed to sign copies thereof as evidence of the approval of the Parish.
Vote
This resolution having been submitted to a vote, the vote thereon was as follows:
And the resolution was declared adopted on this, the ________ day of __________, 2008.
CHAIRMAN:_________________________________________
SECRETARY:________________________________________
DLVD/PARISH PRESIDENT:____________________________
APPROVED:______________ DISAPPROVED:_____________
PARISH PRESIDENT:_________________________________
RETD/SECRETARY:__________________________________
AT:_______________ RECD BY: ________________________
The bids received on December 3, 2007 for the purchase of Twenty-Seven Million Four Hundred Thousand Dollars ($27,400,000) of Public Improvement Bonds, Series ST-2008 of the Parish of St. Charles, State of Louisiana, were thereupon reviewed and read in public session of the Governing Authority, said bids being based upon the maturity schedule set out in the Official Statement and hereinafter set out in these proceedings, said bids being as follows, to-wit:
1. A bid for the Bonds submitted by _________________, of ______________, _____________, bearing interest as follows:
Bonds Maturing Interest Rate Per Annum
Premium: $
True Interest Cost: %
2. A bid for the Bonds submitted by _____________________, of ______________, _______________, bearing interest as follows:
Bonds Maturing Interest Rate Per Annum
Premium: $
True Interest Cost: %