St. Charles Parish - File #: 2019-0391

• File #: 2019-0391
• Version: 1
• Name: Issue, sale and delivery of not exceeding $3,500,000 Taxable General Obligation Refunding Bonds of Hospital Service District No. 1 and other matters relating thereto
• Type: Resolution
• Status: Approved
• File created: 12/16/2019
• In control: Parish Council
• On agenda: 12/16/2019
• Final action: 1/14/2020
• Enactment #: 6466
• Title: A resolution approving the issuance, sale and delivery of not exceeding $3,500,000 Taxable General Obligation Refunding Bonds of Hospital Service District No. 1 of the Parish of St. Charles, State of Louisiana and other matters relating thereto.
• Sponsors: Lawrence 'Larry' Cochran, Bond Counsel
• Indexes: Bonds, Hospital, Taxes
• Related files: 2001-0407

Date	Ver.	Action By	Action	Result
3/5/2020	1	Council Member(s)	Correspondence Received
1/16/2020	1	Parish President	Approved by the Par. Pres.
1/14/2020	1	Parish Council	Removed from the Table	Pass
1/14/2020	1	Parish Council	Removed from the Table
1/14/2020	1	Parish Council	Approved	Pass
12/16/2019	1	Parish Council	Tabled.	Pass
12/16/2019	1	Parish Council	Tabled.
12/16/2019	1	Parish President	Introduced

2019-0391

INTRODUCED BY:                     LARRY COCHRAN, PARISH PRESIDENT

                                                               (BOND COUNSEL)

RESOLUTION NO.              

Title

A resolution approving the issuance, sale and delivery of not exceeding $3,500,000 Taxable General Obligation Refunding Bonds of Hospital Service District No. 1 of the Parish of St. Charles, State of Louisiana and other matters relating thereto.

Body

WHEREAS,                     the Board of Commissioners of Hospital Service District No. 1 of the Parish of St. Charles, State of Louisiana, acting as the governing authority of Hospital Service District No. 1 of the Parish of St. Charles, State of Louisiana (the "District"), by resolution adopted on November 20, 2019, gave preliminary approval to the issuance of not exceeding $3,500,000 of Taxable General Obligation Refunding Bonds of the District (the "Bonds") for the purpose of (i) refunding all or a portion of the District’s outstanding Taxable General Obligation Bonds, Series 2009B and (ii) paying the costs of issuance under the authority of Part II of Chapter 4 of Subtitle II of Title 39 of the Louisiana Revised Statutes of 1950, as amended, and other constitutional and statutory authority; and,

WHEREAS,                     it is now the desire of the St. Charles Parish Council to approve the issuance of the Bonds.

NOW, THEREFORE, BE IT RESOLVED, by the St. Charles Parish Council (the "Parish Council"), acting as the governing authority of the Parish of St. Charles, State of Louisiana (the "Parish"), that:

SECTION 1.                     In compliance with the provisions of Article VI, Section 15 of the Constitution of the State of Louisiana of 1974, and in accordance with the request of the Board of Commissioners of Hospital Service District No. 1 of the Parish of St. Charles, State of Louisiana, this Parish Council hereby approves the issuance and sale of not exceeding $3,500,000 of the District's Taxable General Obligation Refunding Bonds, said Bonds to be issued under the authority and for the purposes stated in the preamble hereto.

SECTION 2.                     Neither the Parish nor this Parish Council shall be liable in any manner for the payment of said Bonds.

The foregoing resolution having been submitted to a vote, the vote thereon was as follows:

And the resolution was declared adopted this 16^th day of December, 2019, to become effective five (5) days after publication in the official journal.

CHAIRMAN:_________________________________________

SECRETARY:________________________________________

DLVD/PARISH PRESIDENT:____________________________

APPROVED:______________ DISAPPROVED:_____________

PARISH PRESIDENT:_________________________________

RETD/SECRETARY:__________________________________

AT:_______________ RECD BY: ________________________