St. Charles Parish - File #: 2003-0134

• File #: 2003-0134
• Version: 1
• Name: Sealed bids for the purchase of $4,735,000 of Sales Tax Bonds, Series 2003, of the Parish of St. Charles, State of Louisiana; making application to the State Bond Commission
• Type: Resolution
• Status: Approved
• File created: 4/21/2003
• In control: Parish Council
• Final action: 4/21/2003
• Enactment date: 4/21/2003
• Enactment #: 5095
• Title: A resolution authorizing the advertising for sealed bids for the purchase of Four Million Seven Hundred Thirty-Five Thousand Dollars ($4,735,000) of Sales Tax Bonds, Series 2003, of the Parish of St. Charles, State of Louisiana; making application to the State Bond Commission to issue, sell and deliver said bonds; and provid­ing for other matters in connection therewith.
• Sponsors: Albert D. Laque, Department of Finance
• Indexes: Taxes (3/8%)
• Related files: 2004-0200, 2003-0074, 2003-0188, 2003-0165, 2004-0453, 2003-0196, 2004-0097, 2004-0174, 2003-0297

Date	Ver.	Action By	Action	Result
4/22/2003	1	Parish President	Approved by the Par. Pres.
4/21/2003	1	Parish President	Introduced
4/21/2003	1	Parish Council	Deferred	Pass
4/21/2003	1	Parish Council	Approved	Pass

2003-0134
INTRODUCED BY: ALBERT D. LAQUE, PARISH PRESIDENT
(DEPARTMENT OF FINANCE)
RESOLUTION NO. ------------
Title
A resolution authorizing the advertising for sealed bids for the purchase of Four Million Seven Hundred Thirty-Five Thousand Dollars ($4,735,000) of Sales Tax Bonds, Series 2003, of the Parish of St. Charles, State of Louisiana; making application to the State Bond Commission to issue, sell and deliver said bonds; 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 "Issuer"), that:
SECTION 1. Advertisement for Sale. The Chairman and Secretary of the Issuer be and he is hereby empowered, authorized and directed to advertise in accordance with the provisions of law for sealed bids or for electronic bids via PARITY® for the purchase of Four Million Seven Hundred Thirty-Five Thousand Dollars ($4,735,000) of Sales Tax Bonds, Series 2003, of the Issuer (the "Bonds"). The Bonds will be issued under the authority conferred by Sub-Part F, Part III, Chapter 4, Title 39 of the Louisiana Revised Statutes of 1950, as amended, and other constitutional and statutory authority supplemental thereto, for the purpose of constructing, acquiring and improving capital improvements for the Parish (including but not limited to sewers and sewerage disposal works, drains, drainage canals, pumps and pumping plants, dykes and levees), for providing a reserve for such bonds and for paying the issuance costs thereof. The Bonds shall be payable solely from and secured by an irrevocable pledge and dedication of the avails or proceeds of the Issuer's three-eighths of one percent (3/8%) sales and use tax now being levied and collected by the Issuer pursuant to an election held in the Issuer on April 30, 1983.
SECTION 2. Basic Terms of Bonds. The Bonds will be in fully registered form, will be dated July 1, 2003, w...