2006-0398
INTRODUCED BY: ALBERT D. LAQUE, PARISH PRESIDENT
(BOND COUNSEL)
ORDINANCE NO. _________
FIRST SUPPLEMENTAL ORDINANCE
Title
A First Supplemental Ordinance of the St. Charles Parish Council amending and supplementing an ordinance (the "General Bond Ordinance") adopted on December 19, 2006 to provide for the issuance of (i) Twenty-Three Million Nine Hundred Seventy-Five Thousand Dollars ($23,975,000) principal amount of Water Revenue Bonds, Series 2007A; (ii) Five Million Seven Hundred Eighty Thousand Dollars ($5,780,000) principal amount of Water Revenue Refunding Bonds, Series 2007B; and (iii) One Million One Hundred Five Thousand Dollars ($1,105,000) principal amount of Water Revenue Refunding Bonds, Series 2007C, of Consolidated Waterworks and Wastewater District No. 1 of the Parish of St. Charles, Louisiana (the "Issuer"), pursuant to the General Bond Ordinance; prescribing the form, fixing the details and providing for the payment of principal of and interest on such Bonds; executing a bond purchase agreement for the purchase of the Bonds; and providing for other matters in connection therewith.
Body
WHEREAS, the St. Charles Parish Council (the "Governing Authority"), adopted Ordinance No. ______ on December 19, 2006 (the "General Bond Ordinance"), authorizing the issuance from time to time of Water Revenue Bonds of Consolidated Waterworks and Wastewater District No. 1 of the Parish of St. Charles, Louisiana (the "Issuer") on the terms and conditions set forth in the General Bond Ordinance; and
WHEREAS, the General Bond Ordinance provides that the details of the Bonds of each Series of Bonds issued thereunder shall be specified in a supplemental ordinance adopted by the Issuer authorizing the issuance of such Series of Bonds, subject to the terms, conditions and limitations established in the General Bond Ordinance; and
WHEREAS, approval for the issuance of not exceeding $34,000,000 of Water Revenue Bonds was granted by t...
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