logo  ST. CHARLES PARISH, LA
File #: 2007-0125    Version: Name: Accepting bid for the purchase of Nine Hundred Twenty Thousand Dollars ($920,000) of Sales Tax Revenue Bonds, Series 2007
Type: Ordinance Status: Enacted
File created: 4/16/2007 In control: Parish Council
On agenda: Final action: 5/7/2007
Enactment date: 5/7/2007 Enactment #: 07-5-1
Title: An ordinance accepting the bid of Hattier, Sanford & Reynoir, L.L.P, of New Orleans, Louisiana, for the purchase of Nine Hundred Twenty Thousand Dollars ($920,000) of Sales Tax Revenue Bonds, Series 2007, of the Parish of St. Charles, State of Louisiana.
Sponsors: Albert D. Laque, Bond Counsel
Indexes: Fire Protection District No. 7 (Des Allemands), Taxes (1/8%)
Attachments: 1. 2007-0125 Final Ord 07-5-1 with Exhibits
Related files: 2007-0126, 2007-0149, 2007-0107, 2007-0290, 2007-0291, 2007-0094, 2019-0169, 2019-0148
2007-0125
INTRODUCED BY: ALBERT D. LAQUE, PARISH PRESIDENT
(BOND COUNSEL)
ORDINANCE NO. __________
Title
An ordinance accepting the bid of Hattier, Sanford & Reynoir, L.L.P, of New Orleans, Louisiana, for the purchase of Nine Hundred Twenty Thousand Dollars ($920,000) of Sales Tax Revenue Bonds, Series 2007, of the Parish of St. Charles, State of Louisiana.
Body

WHEREAS, pursuant to the provisions of a Notice of Bond Sale dated March 19, 2007, published in the manner required by law, and pursuant to the provisions of a resolution adopted by the St. Charles Parish Council, the governing authority of the Parish of St. Charles, State of Louisiana (the "Issuer"), on March 19, 2007, bids were solicited for the purchase of Nine Hundred Twenty Thousand Dollars ($920,000) of Sales Tax Revenue Bonds, Series 2007, of the Issuer (the "Bonds"), on May 7, 2007; and

WHEREAS, two (2) bids were received for the purchase of the Bonds; and

WHEREAS, this Parish Council has found and deterĀ­mined and does hereby find and determine that the bid submitted by Hattier, Sanford & Reynoir, L.L.P., of New Orleans, Louisiana (the APurchaser@) complies with all terms and conditions prescribed by the Notice of Bond Sale and Official Statement; and

WHEREAS, this Parish Council desires to accept said bid and to take such action as may be necessary to accomplish the delivery of the Bonds to the Purchaser;

NOW, THEREFORE, BE IT ORDAINED by the St. Charles Parish Council (the AGoverning Authority@), acting as the governing authority of the Parish of St. Charles, State of Louisiana (the AIssuer@), that:

SECTION 1. The bid of the Purchaser for the purchase of the Bonds, a copy of which is annexed hereto as Exhibit A, is hereby accepted and the Bonds are hereby awarded in compliĀ­ance with the terms of the bid.

SECTION 2. The good faith deposit in the amount of $18,400 accompanying said bid is hereby accepted in accordance with and subject to said Official Notice of Bon...

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